The USDCHF price awaits the breach – Forecast today - 10-04-2024

Economies.com
2024-04-10 03:10AM UTC

The USDCHF pair continues to fluctuate inside the bullish flag pattern that appears on the chart, waiting to breach its resistance line that declines now to 0.9040 to motivate the price to resume the main bullish trend, reminding you that we are waiting to visit 0.9200 as a next main target.

 

Therefore, the bullish trend will remain valid and active unless breaking 0.8980 and holding with a daily close below it.

 

The expected trading range for today is between 0.8970 support and 0.9110 resistance.

 

Trend forecast: Bullish

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