The USDCHF pair exhibited positive trading dynamics in the previous session, reaching the 0.8950 level. This marks an important milestone as the pair awaits further gains, setting its sights on the primary target at 0.8995.
The prevailing bullish trend remains in place, buoyed by the support of the EMA50. It is crucial for the pair to maintain its position above the 0.8890 level to validate the attainment of the anticipated targets.
Today’s projected trading range is anticipated to span between the support at 0.8870 and the resistance at 0.8990.
The expected trend for today remains bullish.