The USDCHF pair rallied upwards strongly yesterday after consolidating above the bullish channel’s support line, to reach the waited positive target at 0.9000, and we suggest the continuation of the bullish bias to achieve additional positive targets that reach 0.9105 as a next main station.
Therefore, we are waiting for more expected rise in the upcoming sessions, noting that breaking 0.8935 will stop the bullish trend and push the price to test the bullish channel’s support line around 0.8850 before any new positive attempt.
The expected trading range for today is between 0.8915 support and 0.9050 resistance.
Trend forecast: Bullish
Origin: Economies
