USDCHF Price Analysis
Expected Scenario
The USDCHF price continues to rise calmly, approaching our waited target 0.9014, being aware that we need to monitor the price at this level due to its importance to detect the next trend, as breaching it will lead the price to achieve more gains and target 0.9200 areas as a next main station, while consolidating below it will push the price to resume the bearish correction that its next target located at 0.8885.
On the other hand, we should note that breaking 0.8940 will stop the current rise and push the price to visit 0.8885 initially.
Expected Trading Range
Between 0.8900 support and 0.9045 resistance.
Trend Forecast: Bullish
Origin: Economies
