The USDCHF pair provides more calm positive trades to approach our first waited target at 0.8800, and we suggest the continuation of the bullish bias affected by the previously completed inverted head and shoulders’ pattern to achieve additional gains that reach 0.8865, which represents the bearish channel’s resistance that appears on the chart.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.8675 and holding below it.
The expected trading range for today is between 0.8700 support and 0.8840 resistance.
The expected trend for today: Bullish
Origin: Economies
