The USDCHF price settles above the EMA50, to get good positive support that reinforces the chances of continuing the expected bullish trend scenario on the intraday and short term basis, waiting to visit 0.9965 level as a next station.
Therefore, we will keep our bullish overview for the upcoming period unless breaking 0.9850 level and holding below it.
Expected trading range for today is between 0.9850 support and 0.9980 resistance.
Expected trend for today: Bullish
Origin: Economies