The USDCHF pair shows bullish bias after leaning on 0.8965 level, to keep the bullish trend scenario valid and active, supported by the EMA50 that protects trading inside the bullish channel that appears on the chart, waiting to visit 0.9055 as a next station.
Note that breaching the targeted level will push the price to the next correctional level at 0.9130, while the bullish trend will remain valid unless breaking 0.8965 and holding with a daily close below it.
The expected trading range for today is between 0.8920 support and 0.9060 resistance.
The expected trend for today: Bullish
Origin: Economies
