129
USDCHF Price Analysis
Expected Scenario
Advertisements
The USDCHF price continues to rise steadily, approaching our target of $0.9014. This level is crucial for determining the next trend. If the price breaches this level, it could lead to further gains, targeting $0.9200 as the next main station. Conversely, if the price consolidates below $0.9014, it may resume the bearish correction, with the next target at $0.8885.
Advertisements
Additionally, breaking below $0.8940 would halt the current rise and push the price down towards $0.8885 initially.
Expected Trading Range
- Support: $0.8900
- Resistance: $0.9045
Trend Forecast: Bullish
