The USD/CHF currency pair remains within a sideways trading range while maintaining stability above the 0.8890 level. This price action is indicative of the continuation of the anticipated bullish trend in the coming period, with the next target for the pair being at 0.8995. However, it is crucial for this bullish scenario to materialize that the pair holds above the 0.8890 level.
For today’s trading session, market analysts anticipate the USD/CHF pair to move within a trading range defined by the support level at 0.8850 and the resistance level at 0.8990. The prevailing trend for today remains bullish, with traders closely monitoring the key support and resistance levels for potential trading opportunities.