USDCHF Pair Analysis
The USDCHF pair begins today with a slight bullish bias, indicating a potential resumption of the main bullish trend.
Continues to move inside the bullish channel, supporting the chances of achieving more gains on the intraday and short-term basis.
Next target is located at 0.9105.
EMA50 keeps supporting the suggested bullish wave.
Breaking 0.8935 followed by 0.8890 levels will stop the expected rise and push the price into bearish correction before resuming the bullish trend.
Support and Resistance Levels:
Support: 0.8930
Resistance: 0.9070
Trend Forecast: Bullish
Origin: Economies