The USDCHF pair settles above 0.8775 level, getting continuous positive support by the EMA50, to support the chances of continuing the bullish correction and achieve positive targets that start at 0.8825 and extend to 0.8890 after surpassing the previous level.
Therefore, the bullish trend scenario will remain valid and active, affected by the previously completed double top pattern, noting that holding above 0.8775 represents the first protection factor to the continuation of the expected rise.
The expected trading range for today is between 0.8720 support and 0.8860 resistance.
The expected trend for today: Bullish
Origin: Economies
