The USDCHF price bounced upwards clearly yesterday to breach 0.8805 level and settle above it, to stop the recently suggested negative scenario and head towards recovering in the upcoming sessions, on its way to visit 0.8883 initially.
Therefore, the bullish bias will be expected for today, taking into consideration that breaking 0.8778 will stop the expected rise and push the price to decline again.
The expected trading range for today is between 0.8770 support and 0.8900 resistance.
Trend forecast: Bullish
Origin: Economies
