The USDCHF price attempts positively – Forecast today – 14-05-2024

usd_chf_forex_USDCHF Price Analysis

Expected Scenario
The USDCHF price resumes its positive trading and attempts to surpass the EMA50 now, reinforcing the expectations of continuing the main bullish trend, which targets 0.9170 followed by 0.9225 levels as next main stations.

Stochastic current negativity might cause some temporary sideways fluctuation before continuing the rise, reminding you that the continuation of the bullish wave depends on the price stability above 0.9014.

Expected Trading Range
Between the support at 0.9030 and the resistance at 0.9150

Trend Forecast: Bullish

Origin: Economies

 

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