The USDCHF pair provided more positive trading to succeed achieving our extended target at 0.9850, noticing that the price breached key resistance line that appears on the chart and settles above it, which hints the way is open to achieve more gains, as the next target is located at 1.0000.
Therefore, we are waiting for more rise in the upcoming sessions, noting that breaking 0.9780 will press on the price to start correctional bearish wave on the intraday and short term basis.
The expected trading range for today is between 0.9700 support and 0.9900 resistance.
The expected trend for today: Bullish