The USDCHF price attempts positively – Forecast today - 26-03-2024

Economies.com
2024-03-26 02:16AM UTC

USDCHF Pair Analysis

  • The USDCHF pair begins today with a slight bullish bias, indicating a potential resumption of the main bullish trend.
  • Continues to move inside the bullish channel, supporting the chances of achieving more gains on the intraday and short-term basis.
  • Next target is located at 0.9105.
  • EMA50 keeps supporting the suggested bullish wave.
  • Breaking 0.8935 followed by 0.8890 levels will stop the expected rise and push the price into bearish correction before resuming the bullish trend.

Support and Resistance Levels:

  • Support: 0.8930
  • Resistance: 0.9070

Trend Forecast: Bullish

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