The USDCHF price rebounds bullishly after approaching 0.8778 level, to head towards achieving expected gains in the upcoming sessions, targeting testing 0.8883 initially, noting that breaching this level will lead the price to achieve additional rises that reach 0.9014 areas on the near-term basis.
On the other hand, we should note that breaking 0.8778 will stop the current bullish wave and push the price to suffer more losses on the intraday basis.
The expected trading range for today is between 0.8780 support and 0.8910 resistance.
Trend forecast: Bullish
Origin: Economies
