The USDCHF pair traded with clear positivity yesterday to succeed achieving our second waited target at 0.9700, noticing that the recent trades confined inside bullish pennant pattern that supports the chances of continuing the bullish trend on the intraday and short term basis, noting that our next target is located at 0.9850.
Therefore, the bullish trend will remain valid and active for the upcoming period, noting that breaking 0.9665 will press on the price to test 0.9550 areas initially before any new attempt to rise.
The expected trading range for today is between 0.9600 support and 0.9800 resistance.
The expected trend for today: Bullish