The USDCHF approaches the first target – Analysis 24-01-2024

chf_forexThe USDCHF pair resumed its positive trades yesterday to approach our first waited target at 0.8740, waiting for more rise to achieve additional gains that reach 0.8815 as a next positive target.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.8635 and holding below it.

The expected trading range for today is between 0.8640 support and 0.8770 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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