The USDCHF price is testing the key resistance 0.8778, waiting to breach this level to confirm the continuation of the bullish wave on the intraday and short-term basis, reminding you that the next main target extends to 0.9014.
Moving above the EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 0.8840.
The expected trading range for today is between 0.8830 support and 0.8950 resistance.
Trend forecast: Bullish
Origin: Economies
