The USDCHF price needs new positive motive – Forecast today – 24-06-2024

usd_chf_forex_1USDCHF Price Analysis

Expected Scenario
The USDCHF price settles above the EMA50, waiting to gather positive momentum that assists in pushing the price to resume the expected bullish trend for the upcoming period, with the next target located at 0.9014.
Therefore, we will continue to suggest the bullish trend on the intraday basis, reminding you that breaking 0.8885 will put the price under correctional bearish pressure again.

Expected Trading Range
The expected trading range for today is between 0.8860 support and 0.9000 resistance.

Trend Forecast: Bullish

Origin: Economies

 

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