The USDCHF price breached our waited target at 0.8883 clearly to rally upwards and approach the second waited target at 0.8950, reinforcing the expectations of continuing the bullish trend in the upcoming period, noting that the next positive station reaches 0.9014.
Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that breaking 0.8883 will put the price under negative pressure that its targets begin by visiting 0.8778 areas.
The expected trading range for today is between 0.8880 support and 0.9000 resistance.
Trend forecast: Bullish
Origin: Economies
