The USDCHF price touches the recent high – Forecast today - 25-04-2024

Economies.com
2024-04-25 04:07AM UTC

USDCHF Price Analysis

  • The USDCHF price resumes its positive trading to test the recently recorded high at 0.9151, waiting to breach this level to open the way to head towards 0.9200 followed by 0.9245 levels as next positive targets.

Expected Scenarios

  • Therefore, we will continue to suggest the bullish trend for the upcoming period, organized inside the bullish channel that appears on the chart, noting that breaking 0.9090 will push the price to achieve some bearish correction and test 0.8960 areas initially before any new attempt to rise.

Trading Range

  • The expected trading range for today is between 0.9080 support and 0.9220 resistance.

Trend forecast: Bullish

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