The USDCHF pair returns to rise to test 0.8965 resistance line, finding difficulty to breach this level until now, waiting to get positive momentum that assists to push the price to achieve the breach and open the way to head towards 0.9055 as a next correctional target.
Therefore, the bullish trend scenario will remain valid and active, supported by the EMA50, noting that breaking 0.8930 will stop the bullish wave and push the price to resume the main bearish trend again.
The expected trading range for today is between 0.8890 support and 0.9030 resistance.
The expected trend for today: Bullish
Origin: Economies
