The USDCHF pair maintains its bullish bias and is steadily approaching our anticipated target at 0.9066. It’s important to keep a close watch on the price at this level because breaking through it will be crucial for sustaining the bullish wave and achieving additional gains that could reach 0.9165.
Hence, the bullish trend scenario remains active for the intraday outlook. However, it’s worth noting that a break below 0.8968 could halt the anticipated ascent and potentially lead to further bearish correction.
The expected trading range for today is between 0.8970 as support and 0.9100 as resistance.
Today’s expected trend: Bullish