The USDCHF price hovers around the bullish channel’s support line, and still stable above it, to keep the bullish trend scenario valid for the upcoming period, waiting to get positive momentum that assist to push the price to target 0.9150 followed by 0.9224 level as next main stations.
The continuation of the bullish wave depends on the price stability above 0.9014, as breaking it represents negative factor that will turn the track to decline on the intraday and short-term basis.
The expected trading range for today is between 0.9010 support and 0.9140 resistance.
Trend forecast: Bullish
Origin: Economies
