USDCHF Price Analysis
Expected Scenario
The USDCHF price shows some slight bearish bias, approaching testing the key support base at 0.9080, while stochastic gains positive momentum again, indicating potential for a rise towards our main expected target at 0.9224.
The EMA50 supports the suggested bullish wave. However, breaking 0.9080 will put the price under additional negative pressure, potentially testing 0.9014 areas before any new attempt to rise.
Expected Trading Range
Between 0.9050 support and 0.9200 resistance.
Trend Forecast: Bullish
Origin: Economies
