USDCHF Pair Analysis
- The USDCHF pair begins today with a slight bullish bias, indicating a potential resumption of the main bullish trend.
- Continues to move inside the bullish channel, supporting the chances of achieving more gains on the intraday and short-term basis.
- Next target is located at 0.9105.
- EMA50 keeps supporting the suggested bullish wave.
- Breaking 0.8935 followed by 0.8890 levels will stop the expected rise and push the price into bearish correction before resuming the bullish trend.
Support and Resistance Levels:
- Support: 0.8930
- Resistance: 0.9070
Trend Forecast: Bullish