USDCHF Price Analysis
Expected Scenario
The USDCHF price faced strong negative pressure yesterday to attack 0.9014 level and attempts to break it, but it closed the daily candlestick exactly at this level, noticing that the technical indicators provide positive signals that we expect to assist to push the price to rise again.
Therefore, we expect to witness positive trading in the upcoming sessions, its next main target located at 0.9200, taking into consideration that breaking 0.8990 will stop the expected rise and put the price under the correctional bearish pressure again.
Expected Trading Range
Between 0.8950 support and 0.9090 resistance.
Trend Forecast: Bullish
Origin: Economies
