The USDCHF price rallied upwards yesterday to succeed achieving our waited target at 0.9014, and we expect to breach this level to achieve additional gains that extend to 0.9110 as a next main station.
The positive support provided by the EMA50 reinforces the positive overview, taking into consideration that failing to confirm breaching 0.9014 will push the price to rebound bearishly and head to test 0.8883 areas before any new positive attempt.
The expected trading range for today is between 0.8950 support and 0.9080 resistance.
Trend forecast: Bullish
Origin: Economies
