The USD/CHF continues to rise – Analysis – 24/05/2023

forex-news-usd_dollarThe USDCHF pair provides more positive trades to gradually approach our waited target at 0.9055, organized inside the bullish channel that appears on the chart, which supports the chances of surpassing the mentioned level to open the way to achieve additional gains that reach 0.9130.

Therefore, the bullish trend scenario will remain valid and active for the upcoming period, reminding you that it is important to hold above 0.8965 to achieve the waited targets.

The expected trading range for today is between 0.8950 support and 0.9100 resistance.

The expected trend for today: Bullish

Origin: Economies

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