The USDCHF price approaches the target – Forecast today – 17-10-2024

Dollar1The USDCHF price resumed its positive trading to reach the thresholds of the waited target at 0.8673, and the way seems open to surpass this level to achieve additional gains in the upcoming sessions, which reach 0.8730 followed by 0.8778.

Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that failing to breach will stop the expected rise and push the price to turn to decline.

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

Trend forecast: Bullish

Origin: Economies

 

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