The USDCHF price returns to the bullish channel – Forecast today – 08-01-2025

usd_chf_forex_The USDCHF price provided clear positive trades yesterday to manage to return to the minor bullish channel that appears on the chart, approaching our first waited positive target at 0.9135, waiting for more expected rise in the upcoming sessions to visit 0.9195 as a next main target.

The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 0.9014 and holding below it.

The expected trading range for today is between 0.9030 support and 0.9170 resistance.

Trend forecast: Bullish

Origin: Economies

 

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