The USDCHF pair bounced higher after testing the bullish channel’s support, keeping the bullish trend scenario valid and active in the upcoming period, supported by the EMA50, waiting for targeting 0.9990 level as a next main station.
Reminding you that the expected bullish wave depends on the stability above 0.9836 level.
The expected trading range for today is between 0.9870 support and 0.9990 resistance.
The expected trend for today: Bullish