The USDCHF pair trades positively by today’s open, and by taking a deeper look at the chart, we find that the price forms double bottom pattern that appears on the minor image, which means that the chances valid to achieve expected intraday gains, and the targets begin at 0.8545 and extend to 0.8700 after surpassing the previous level.
Therefore, the bullish bias will be suggested for today, noting that breaking 0.8370 will stop the expected rise and push the price to resume the main bearish track again.
The expected trading range for today is between 0.8380 support and 0.8520 resistance.
The expected trend for today: Bullish
Origin: Economies
