USDCHF Price Analysis
Expected Scenario
The USDCHF price’s recent trades are confined within an ascending triangle pattern.
To resume the main bullish trend, the price needs to surpass 0.9150, which would provide a positive motive to push the price higher.
The next targets for the bullish trend are located at 0.9200 and extend to 0.9305 after surpassing the previous level.
The EMA50 continues to support the suggested bullish wave, which remains valid as long as the price remains stable above 0.9045.
Expected Trading Range
Between 0.9070 support and 0.9200 resistance.
Trend Forecast: Bullish
Origin: Economies
