The USDCHF awaits confirmation signal – Analysis – 31-01-2024

news_usdThe USDCHF pair fluctuates within tight range since yesterday, and still stuck between the trend keys represented by 0.8605 support and 0.8670 resistance, which keeps our neutrality valid until now, waiting to breach one of these levels to detect its next destination clearly.

To review the details of the expected targets after the breach, please check our previous report for the USDCHF pair.

The expected trading range for today is between 0.8560 support and 0.8700 resistance.

The expected trend for today: Neutral

Origin: Economies

 

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