The USDCHF pair shows sideways trades in the previous sessions, waiting to get strong positive motive that assist to push the price to resume the bullish wave that targets 0.8740 followed by 0.8815 levels as next main stations.
Therefore, we will continue to suggest the bullish trend that gets positive support by the EMA50, affected by the previously completed inverted head and shoulders’ pattern, reminding you that it is important to hold above 0.8610 to achieve the expected targets.
The expected trading range for today is between 0.8610 support and 0.8750 resistance.
The expected trend for today: Bullish
Origin: Economies
