The USDCHF price is recovering – Forecast today - 22-04-2024
Economies.com
2024-04-22 03:47AM UTC
USDCHF Price Analysis
Expected Scenario
- The USDCHF price has returned to settle above the bullish channel’s support line after attempting to break it in the previous sessions. This indicates a resumption of the main bullish track and a direction towards achieving positive targets, starting with visiting the 0.9200 barrier.
- Therefore, the bullish bias will be suggested for the upcoming sessions. However, breaking 0.9065 will stop the expected rise and push the price to achieve a bearish correction, with its first target located at 0.8960.
Expected Trading Range
Between the support at 0.9065 and the resistance at 0.9200
Trend Forecast: Bullish
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