USD/CHF price readies to tackle pivotal resistance – Forecast today – 01-04-2025

usd_chf_forex_USD/CHF price fell in latest intraday trading as the price tries to vent off overbought saturation in the Stochastic with negative signals emerging from it, helping the price gather positive momentum to rise anew and tackle the near and pivotal resistance of 0.8860.

It comes as the price is boosted by breaching the main downward trend line in the short term, while also underpinned by trading above the 50-candle SMA.

Origin: Economies


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