The USDCHF price gets positive motive – Forecast today – 21-10-2024

rub-usd-dollarThe USDCHF price continues to move around 0.8673 level and find difficulty to breach it, noticing that stochastic shows clear positive signals now, waiting to motivate the price to achieve the required breach and open the way to head towards 0.8730 followed by 0.8778 as next main targets.

The EMA50 supports the expected rise, which will remain valid conditioned by the price stability above 0.8620.

The expected trading range for today is between 0.8590 support and 0.8720 resistance.

Trend forecast: Bullish

Origin: Economies

 

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