The USD/CHF awaits more rise – Analysis – 04/03/2024

usd_newsThe USDCHF pair provided new positive trades in the previous sessions to approach 0.8900 barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our waited targets reach 0.9000 followed by 0.9140.

Stochastic shows clear oversold signals now to support the continuation of the expected bullish trend, which will remain valid unless breaking 0.8790 and holding with a daily close below it.

The expected trading range for today is between 0.8760 support and 0.8910 resistance.

The expected trend for today: Bullish

Origin: Economies

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