The USDCHF pair consolidated above 0.8775 level to rebound bullishly and head towards resuming the correctional bullish track, approaching 0.8825 level, making the bullish bias expected in the upcoming sessions, noting that breaching the last level will push the price to achieve additional gains that reach 0.8890.
Therefore, we are waiting for more expected rise on the intraday basis, noting that breaking 0.8775 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 0.8750 support and 0.8880 resistance.
The expected trend for today: Bullish
Origin: Economies
