The USDCHF awaits more rise – Analysis 26-01-2024

Dollar1The USDCHF pair provided positive trades yesterday to move away from the bullish trend line and reinforce the expectations of continuing the positive scenario on the intraday basis, reminding you that we are waiting to visit 0.8815 as a next main target.

The EMA50 continues to support the suggested bullish wave, noting that breaking 0.8630 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 0.8750 resistance.

The expected trend for today: Bullish

Origin: Economies

 

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