The USDCHF pair breached 0.8890 level clearly and settled above it, reinforcing the expectations of continuing the bullish trend efficiently in the upcoming period, and the way is open to head towards our next waited target at 0.8995.
The EMA50 continues to support the suggested bullish wave, which moves inside the bullish channel that appears on the chart, noting that breaking 0.8890 might push the price to turn to decline and test 0.8825 areas before any new attempt to rise.
The expected trading range for today is between 0.8850 support and 0.8990 resistance.
The expected trend for today: Bullish
Origin: Economies
