The USDCHF price bounced bullishly from 0.8820 areas, showing more bullish bias by today’s open to attack 0.8885 level, to hint stopping the bearish correction and head to attempt to return to the bullish track again, on its way to achieve gains that start by visiting 0.8930 and extend to 0.9014.
Therefore, the bullish bias will be expected for today, taking into consideration that failing to consolidate above 0.8885 will stop the suggested rise and push the price to achieve more bearish correction.
The expected trading range for today is between 0.8840 support and 0.8960 resistance.
Trend forecast: Bullish
Origin: Economies