The USDCHF price continues to rise to reach the thresholds of the second waited target at 0.8830, and the way seems open to surpass this level and achieve more gains in the upcoming period, to extend the positive targets towards 0.8945 followed by 0.9010 areas.
The EMA50 keeps supporting the price from below to reinforce the positive overview, which will remain valid conditioned by the price stability above 0.8778.
The expected trading range for today is between 0.8810 support and 0.8950 resistance.
Trend forecast: Bullish
Origin: Economies
