The USDCHF price attempts positively – Forecast today - 15-04-2024
Economies.com
2024-04-15 04:05AM UTC
USDCHF Pair Analysis
Resumption of Bullish Trend
The USDCHF pair shows new positive trades in an attempt to resume the main bullish trend, with a target of 0.9200.
Expected Scenarios
- The EMA50 keeps supporting the price from below and protects the positive scenario within the bullish channel on the chart.
- Breaking 0.9035 will stop the expected rise and push the price to start a bearish correction on the intraday basis.
Trading Range
The expected trading range for today is between support at 0.9070 and resistance at 0.9220.
Trend forecast: Bullish
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