The USDCHF pair continues to fluctuate around 0.8775 level, waiting to breach this level to confirm heading towards the next correctional level at 0.8825.
Until now, the bullish trend scenario still valid as long as 0.8720 – 0.8700 levels remain intact, noting that the previously completed double bottom pattern supports the continuation of the expected bullish trend.
The expected trading range for today is between 0.8700 support and 0.8840 resistance.
The expected trend for today: Bullish
Origin: Economies
