The USDCHF price resumes the rise – Forecast today – 23-05-2024

Dollar1USDCHF Price Analysis

Expected Scenario
The USDCHF price has resumed its positive trading, moving away from the 0.9080 level. This reinforces the expectations of continuing the bullish trend, and we believe that the path is open to achieve our awaited target at 0.9224.

The EMA50 supports the suggested bullish wave, which will remain valid as long as the price remains stable above 0.9080.

Expected Trading Range
Between the support at 0.9080 and the resistance at 0.9220.

Trend Forecast: Bullish

Origin: Economies

 

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