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The EURCHF attempts to resume the rise – Forecast today – 18-6-2024
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The EURCHF attempts to resume the rise – Forecast today – 18-6-2024
Jun 18, 2024 2:05 AM

EURCHF Price Analysis Expected Scenario The EURCHF price ended the correctional bearish rebound by facing the additional support at 1.4685 to notice rallying above the MA55 in order to reinforce the positive stability for the upcoming trading. Also, stochastic exit from the oversold areas will increase the chances of gaining the positive momentum to start the bullish attempts that might target 1.4880 initially, while surpassing this obstacle will push the price towards 1.4880 as a next main target. Expected Trading Range Between 1.4700 support and 1.4800 resistance.

Trend Forecast: Bullish

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