The USDCHF price bounced upwards clearly to reach the thresholds of 0.9014 level, waiting to breach this level to confirm opening the way to continue the rise and achieve additional gains that reach 0.9100.
Therefore, we will continue to suggest the bullish trend for the upcoming period, which gets continuous support by the EMA50, reminding you that the continuation of the bullish wave depends on the price stability above 0.8884.
The expected trading range for today is between 0.8930 support and 0.9060 resistance.
Trend forecast: Bullish
Origin: Economies