Price Analysis for USDCHF
Expected Scenario
The USDCHF price couldn’t manage to confirm breaking 0.9014 level, to rebound bullishly and surpass the EMA50 now, which stops the correctional bearish scenario and lead the price to resume the main bullish trend, on its way to achieve positive targets that start at 0.9224.
Therefore, the bullish bias will be suggested in the upcoming period, noting that breaking 0.9014 will stop the expected rise and push the price to achieve more bearish correction.
Expected Trading Range
Between 0.9000 support and 0.9150 resistance
Trend Forecast: Bullish
Origin: Economies
