The USDCHF price gets the positive momentum – Forecast today - 16-04-2024
Economies.com
2024-04-16 04:01AM UTC
USDCHF Price Analysis
Expected Scenario
- The USDCHF price continues to fluctuate within sideways track, noticing that stochastic got rid of its negativity to approach the oversold areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which targets 0.9200$ as a next station.
- Therefore, the positive scenario will remain valid and active unless breaking 0.9035 and holding below it.
Expected Outcome
The expected trading range for today is between 0.9070 support and 0.9220 resistance.
Trend Forecast: Bullish
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