The USDCHF pair managed to touch our first waited target at 0.6720 and attempts to breach it, and by taking a deeper look at the chart, we find that the price completed forming double top pattern that we expect to push the price to surpass the mentioned level to achieve additional gains that reach 0.8770 followed by 0.8825 in the upcoming sessions.
Therefore, we will continue to suggest the domination of the correctional bullish trend on the intraday basis, taking into consideration that breaking 0.8655 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 0.8650 support and 0.8880 resistance.
The expected trend for today: Bullish
Origin: Economies
