The current analysis of the USD/CHF (dollar to franc) exchange rate indicates an anticipated slight decrease and subsequent price correction. Following this correction, the continuation of the upward trend in the daily time frame is expected.
For traders and investors seeking an optimal entry point, the recommended buying range is between 0.8900 and 0.8930. This range represents a strategic window to capitalize on the expected price movement.
Looking ahead to the medium-term, the price target is projected to be in the range of 0.9120 to 0.9210. This target reflects a favorable outlook based on the current trend analysis, suggesting potential gains for those positioned within the recommended entry range.
Investors are encouraged to monitor market conditions and technical indicators closely to confirm the anticipated trend continuation, ensuring informed and timely decision-making.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.