The USDCHF pair is testing the key support 0.8775 now, and the EMA50 meets this support to add more strength to it, waiting to resume the bullish wave that targets 0.8825 initially, reminding you that surpassing this level will push the price to 0.8890 as a next positive station.
Therefore, the bullish trend scenario will remain valid and active unless breaking 0.8775 and holding below it.
The expected trading range for today is between 0.8720 support and 0.8860 resistance.
The expected trend for today: Bullish
Origin: Economies
