The USDCHF price rallied upwards strongly in the previous sessions to breach 0.8883 level and resume the bullish track, on its way to achieve new gains that extend to 0.9013.
Therefore, the bullish bias will be expected in the upcoming sessions, supported by the EMA50 that carries the price from below, noting that breaking 0.8883 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 0.8840 support and 0.8970 resistance.
Trend forecast: Bullish
Origin: Economies
