The USDCHF pair tests the bullish channel’s support line that appears on the chart, which forms the first protecting factor to our positive overview, waiting to rebound bullishly to resume the bullish trend that its next target located at 1.0055.
Therefore, the bullish trend will remain suggested in the upcoming period unless breaking 0.9905 followed by 0.9850 levels and holding below them.
Expected trading range for today is between 0.9850 support and 1.0000 resistance.
Expected trend for today: Overall Bullish