The USDCHF pair traded with clear positivity in the previous sessions to attack the main bearish channel’s resistance and settles above it, which opens the way to start correctional bullish wave in the upcoming period, on its way to test 0.9192 initially, noting that breaching this level will push the price to the next correctional level that reaches 0.9305.
Therefore, we expect witnessing positive trades in the upcoming sessions unless breaking 0.9130 followed by 0.9100 levels and holding below them.
The expected trading range for today is between 0.9100 support and 0.9200 resistance.
The expected trend for today: Bullish
Origin: Economies
