The USDCHF price managed to breach 0.8778 level and hold above it, to support the expectations of continuing the bullish trend in the upcoming sessions, opening the way to achieve our new positive targets that start at 0.8830 followed by 0.8883.
Therefore, we will continue to suggest the bullish trend on the intraday and short-term basis, organized inside the bullish channel that appears on the chart, noting that the continuation of the bullish trend requires holding above 0.8778.
The expected trading range for today is between 0.8750 support and 0.8900 resistance.
Trend forecast: Bullish
Origin: Economies
