The USDCHF price needs strong positive motive – Forecast today – 23-04-2024

usd_chf_forex_USDCHF Price Analysis

Expected Scenario
The USDCHF price didn’t show any strong move yesterday, fluctuating around 0.9120, thus, no change to the expected bullish trend scenario on the intraday basis, organized inside the bullish channel that appears on the chart, which targets testing 0.9200 as a next main station, noting that the continuation of the bullish wave requires holding above 0.9070.
Expected Trading Range
Between the support at 0.9065 and the resistance at 0.9200

Trend Forecast: Bullish

Origin: Economies

 

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