The USDCHF keeps rising – Analysis 06-02-2024

usd_chf_forex_The USDCHF pair shows more bullish bias to settle above 0.8700 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our next target is located at 0.8800.

The EMA50 continues to support the price from below to reinforce the expectations to rise on the intraday basis, reminding you that it is important to hold above 0.8605 to achieve the waited targets.

The expected trading range for today is between 0.8650 support and 0.8790 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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