The USDCHF pair rallied upwards strongly yesterday to breach 0.9488 level and close the daily candlestick above it, which opens the way to extend the correctional bullish wave on the intraday and short term basis, as the next target is located at 0.9581, noting that breaching this level will push the price towards 0.9675 as a next station.
On the other hand, we notice that the price completed forming bullish pattern that we believe it will push the price to achieve extended targets that reach 0.9790, therefore, the bullish trend will be expected in the upcoming sessions unless breaking 0.9488 level and holding below it.
Expected trading range for today is between 0.9440 support and 0.9620 resistance.
Expected trend for today: Bullish