The USDCHF pair shows calm bullish bias and continues to fluctuate around 0.8740, and the positive effect of the inverted head and shoulders’ pattern still active, waiting to achieve new rises that target 0.8800 followed by 0.8875 levels as next main stations.
Holding above 0.8680 is important to continue the expected rise, as breaking it will stop the positive effect of the mentioned pattern and push the price to turn to decline.
The expected trading range for today is between 0.8680 support and 0.8820 resistance.
The expected trend for today: Bullish
Origin: Economies
