The USDCHF pair bounced bullishly to breach 0.8968 level and settles above it, which stops the correctional bearish scenario and lead the price to turn to rise and build bullish wave that its targets begin by testing 0.9066 areas.
Therefore, we expect to witness more bullish bias in the upcoming sessions, supported by moving above the EMA50, noting that it is important to hold above 0.8968 to continue the expected rise.
The expected trading range for today is between 0.8920 support and 0.9060 resistance.
The expected trend for today: Bullish
Origin: Economies
