The USDCHF price faces solid resistance – Forecast today – 09-08-2024

rub-usd-dollarThe USDCHF price returned to rise to test 0.8670 level, waiting to breach this level to confirm extending the bullish wave and achieve additional gains that reach 0.8780.

The technical indicators provide negative signals that might hinder the mission to rise, taking into consideration that failing to breach 0.8670 will stop the bullish wave and push the price to decline again.

The expected trading range for today is between 0.8600 support and 0.8730 resistance.

Trend forecast: Bullish

Origin: Economies

 

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