The USDCHF price resumes the bullish bias – Forecast today - 02-04-2024
Economies.com
2024-04-02 01:42AM UTC
Market Analysis for USDCHF Pair
The USDCHF pair returned to rise after the decline that it witnessed in the previous sessions, settling around 0.9050$ now. It is waiting for more rise to achieve our positive targets that start at 0.9105 followed by 0.9150.
The bullish channel continues to organize the bullish wave, which gets good support by the EMA50. However, breaking 0.9000 will threaten trading inside the mentioned channel and might force the price to start bearish correction on the intraday basis.
Trading Range Forecast
The expected trading range for today is between 0.9000 support and 0.9130 resistance.
Trend forecast: Bullish
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