The USDCHF pair resumes its positive trading to approach 0.8600 barrier, affected by the previously completed inverted head and shoulders’ pattern, reminding you that we are waiting to visit 0.8700 followed by 0.8740 levels as next main targets.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.8490 and holding below it.
The expected trading range for today is between 0.8520 support and 0.8660 resistance.
The expected trend for today: Bullish
Origin: Economies
