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The USDCHF price around the moving average – Forecast today - 02-10-2024
The USDCHF price fluctuates around the EMA50, while stochastic continues to provide the negative signals, waiting to resume the expected bearish trend for the upcoming period, which its next targets located at 0.8400 followed by 0.8332, reminding you that holding below 0.8465 is required to guarantee the continuation of the bearish wave, as breaching it will push the price to test 0.8543 before turning back to decline again.
The expected trading range for today is between 0.8390 support and 0.8510 resistance.
Trend forecast: Bearish
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