The USDCHF pair succeeded to touch our first main waited target at 0.9800 and attempts to breach it now, as it opens today’s trading with clear positive moving away from the mentioned level, which reinforce the expectations of extending the bullish wave to reach 0.9900 level on the near term basis, supported by the EMA50 that keeps carrying the price from below.
Therefore, the bullish bias will be suggested for the upcoming sessions unless breaking 0.9676 level and holding with a daily close below it.
Expected trading range for today is between 0.9730 support and 0.9930 resistance.
Expected trend for today: Bullish
Origin: Economies
