The USDCHF price faces temporary negative pressure – Forecast today – 29-03-2024

forex-news-usd_dollarExpected Scenario: Bullish Trend
The USDCHF pair rebounded bearishly yesterday to test the $0.9000 barrier, accompanied by stochastic indicators reaching oversold areas.
The EMA50 continues to provide support from below.

We maintain our bullish trend suggestion for the upcoming period unless the $0.9000 level is breached and held below it.
We anticipate visiting $0.9105, followed by $0.9150, as the next main stations.
Expected Trading Range for Today
Support: $0.8960
Resistance: $0.9100

Trend Forecast: Bullish

Origin: Economies

 

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