The USDCHF pair resumes its positive trading by today’s open to breach the bullish flag’s resistance that appears on the chart, which forms positive motive that we are waiting to push the price to achieve more expected rise in the upcoming sessions, noting that our next target is located at 0.9800.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the price stability above 0.9700.
The expected trading range for today is between 0.9680 support and 0.9800 resistance.
The expected trend for today: Bullish