The USDCHF price gathers the positive momentum – Forecast today - 12-04-2024

Economies.com
2024-04-12 03:35AM UTC

USDCHF Price Analysis

Expected Scenario

  • USDCHF pair faced temporary negative pressure to test 0.9100 barrier.
  • Stochastic clears negative momentum to approach oversold areas.
  • Main bullish trend targets 0.9200 areas as next main station.
  • Bullish trend remains valid unless breaking 0.9055 and 0.9000 levels and holding below them.

The expected trading range for today is between 0.9050 support and 0.9180 resistance.

Trend Forecast

Bullish

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