USDCHF Price Analysis
Expected Scenario
The USDCHF price shows some slight bearish bias to move below the EMA50, noticing that stochastic shows oversold signals now, waiting to motivate the price to resume the expected bullish trend on the intraday and short-term basis, which its next targets located at 0.9170 followed by 0.9225.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.9014 and holding below it.
Expected Trading Range
Between 0.9000 support and 0.9140 resistance.
Trend Forecast: Bullish
Origin: Economies
