The USDCHF price presses on the support line – Forecast today – 22-01-2025

6The USDCHF price continues to fluctuate at the bullish channel’s support line, while stochastic attempts to gain the positive momentum again, waiting to assist to push the price to resume the bullish trend within the mentioned channel and head to achieve our positive targets at 0.9150 followed by 0.9224.

Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.9014 and holding with a daily close below it.

The expected trading range for today is between 0.9020 support and 0.9150 resistance.

Trend forecast: Bullish

Origin: Economies

 

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