The USDCHF pair continues to show positive trading approaching gradually from our first main waited target at 0.9800, noting that breaching this level will complete forming a positive technical formation that has the ability to push the price to achieve extended gains that surpass 1.0000 barrier to reach 1.0127.
Therefore, our bullish overview will remain valid for the upcoming period supported by the EMA50, unless breaking 0.9676 level and holding with a daily close below it.
Expected trading range for today is between 0.9700 support and 0.9850 resistance.
Expected trend for today: Bullish
Origin: Economies
