USDCHF Price Analysis
Expected Scenario
The USDCHF price continues to fluctuate around the EMA50, with a tight range dominating recent trades.
We maintain our neutrality until the price confirms breaching 0.9014 or breaking 0.8945 support to get a clearer signal for the next trend.
Breaking the mentioned support will push the price to resume the correctional bearish track, with targets at 0.8885 and 0.8780.
Breaching the resistance represents the key to regain the main bullish trend, targeting gains starting at 0.9135 and extending to 0.9224.
Expected Trading Range
Between 0.8900 support and 0.9050 resistance.
Trend Forecast: Neutral
Origin: Economies
