The USDCHF price breaks the support – Forecast today – 19-06-2024

chf_forexUSDCHF Price Analysis

Expected Scenario
The USDCHF price broke 0.8885 level clearly and settled below it, opening the way to achieve more bearish correction, heading towards visiting 0.8780 as a next negative station.
Noting that breaking this level will extend the bearish wave to reach 0.8675 as a next correctional target.

Expected Trading Range for Today
Between the support 0.8760 and the resistance 0.8900.

Trend Forecast: Bearish

Origin: Economies

 

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