The USDCHF price gets a positive motive – Forecast today - 09-05-2024

Economies.com
2024-05-09 03:41AM UTC

USDCHF Price Analysis

Forecasts and Analysis

  • The USDCHF price settles around the 0.9085 level, with stochastic overlapping positively, indicating potential resumption of positive trades.
  • We anticipate a breach of 0.9095 to confirm a rally towards 0.9170 followed by 0.9225 levels, representing our next positive targets.
  • The bullish trend scenario remains valid unless breaking 0.9014 and holding below it.

Expected Trading Range

The expected trading range for today is between 0.9030 support and 0.9160 resistance.

Trend Forecast: Bullish

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