The USDCHF price crawls downwards – Forecast today – 17-09-2024

Dollar1The USDCHF price shows calm negative trads to confirm surpassing 0.8455 level, reinforcing the expectations of continuing the bearish trend, waiting to visit 0.8332 that represents our next main target.

Stochastic current positivity might cause some temporary sideways fluctuation before resuming the expected decline, which will remain valid unless the price rallied to breach 0.8543 and hold above it.

The expected trading range for today is between 0.8370 support and 0.8500 resistance.

Trend forecast: Bearish

Origin: Economies

 

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