The USDCHF price awaits the breach – Forecast today – 29-04-2024

forex-news-usd_dollarUSDCHF Price Analysis

The USDCHF price continues to fluctuate around 0.9150 level and finds difficulty to breach it, waiting to get strong positive motive that assists to confirm the breach and open the way to achieve the next positive targets, which start at 0.9200 followed by 0.9245.

Holding above 0.9100 is important to the continuation of the expected rise, as breaking it will push the price to start bearish correction that targets testing 0.8960 areas initially before any new positive attempt.

The expected trading range for today is between 0.9070 support and 0.9210 resistance.

Trend forecast: Bullish

Origin: Economies

 

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