The USDCHF price resumes the rise – Forecast today - 19-03-2024

Economies.com
2024-03-19 02:24AM UTC

The USDCHF pair provided clear positive trades yesterday to move away from the bullish channel’s support line and reinforce the expectations of continuing the bullish trend on the intraday and short-term basis, and the way is open to achieve our main waited target at 0.9000.

 

The EMA50 continues to support the suggested bullish wave and protect trading inside the mentioned channel, noting that it is important to hold above 0.8820 to continue the expected rise.

 

The expected trading range for today is between 0.8820 support and 0.8960 resistance.

 

Trend forecast: Bullish

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