The USDCHF price rallied upwards strongly yesterday to succeed achieving our waited target at 0.9100, noticing that the price breached it and settled above it to confirm the continuation of the bullish trend domination in the upcoming period, noting that the next station is represented by testing the bullish channel’s resistance line around 0.9185.
Holding above 0.9080 represents initial condition to the continuation of the expected rise, as breaking it will put the price under negative pressure to test 0.9014 support line before any new attempt to rise.
The expected trading range for today is between 0.9060 support and 0.9200 resistance.
Trend forecast: Bullish
Origin: Economies
