The USDCHF price shows additional bullish bias to continue chasing the broken support of the bullish channel, waiting to breach 0.9110 to confirm the continuation of the rise and achieve additional gains that start at 0.9150 followed by 0.9224.
Moving above the EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 0.9014.
The expected trading range for today is between 0.9050 support and 0.9170 resistance.
Trend forecast: Bullish
Origin: Economies
