The USDCHF price resumed its positive trading to reach the first target at 0.8950, waiting for more rise to test 0.9014 level that represents our next positive station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, supported by the EMA50, noting that breaking 0.8883 will stop the expected rise and push the price to turn to decline.
The expected trading range for today is between 0.8890 support and 0.9015 resistance.
Trend forecast: Bullish
Origin: Economies
