The USDCHF pair fluctuates around the minor support line 0.9020, noticing that the EMA50 forms good support that protects the price from achieving more decline, to keep the bullish trend scenario active for the upcoming period, which targets testing 0.9066 initially.
We remind you that breaching the mentioned level will push the price to achieve new gains that reach 0.9125 followed by 0.9225, while holding above 0.8968 represents key condition to the continuation of the expected rise.
The expected trading range for today is between 0.8970 support and 0.9100 resistance.
The expected trend for today: Bullish
Origin: Economies
