21 Jun 2024
The USDCHF price breaches the resistance – Forecast today - 21-06-2024
USDCHF Price Analysis
Expected Scenario
The USDCHF price traded with clear positivity yesterday to breach 0.8885 and settle above it, heading towards achieving expected gains on the intraday basis. The target is testing 0.9014 mainly.
The bullish bias will be suggested for today, possibly preceded by some sideways fluctuation affected by stochastic negativity. Note that breaking 0.8885 will stop the expected rise and push the price to achieve more bearish correction.
Expected Trading Range
Between 0.8860 support and 0.9000 resistance.
Trend Forecast: Bullish
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