The USDCHF price hits the first target – Forecast today - 01-05-2024
Economies.com
2024-05-01 03:47AM UTC
USDCHF Price Analysis
Expected Scenario
- The USDCHF price resumed its positive trades clearly to succeed achieving our first waited target at 0.9200, and we expect the continuation of the bullish wave within the bullish channel that supports the chances of achieving additional gains that start at 0.9300 and extend to 0.9370.
- Therefore, the bullish trend will remain suggested in the upcoming sessions, reminding you that breaking 0.9100 will push the price to start bearish correction on the intraday basis.
Expected Trading Range
Between 0.9140 support and 0.9280 resistance
Trend Forecast: Bullish
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