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Copper Price Outlook: Forecast for September 6, 2024

Copper prices experienced a shift in momentum yesterday, forming corrective bullish waves and consolidating above the $4.0250 mark. Prices settled near $4.0850, showing some...
HomeLatestCHFJPY Shows Renewed Positive Momentum – Forecast for Today, June 13, 2024

CHFJPY Shows Renewed Positive Momentum – Forecast for Today, June 13, 2024

CHFJPY Price Analysis

Expected Scenario

The CHFJPY price has once again settled above the 175.25 level, serving as additional support for bullish trades. Currently, the pair has recorded gains, reaching 175.75.

Furthermore, the stochastic indicator indicates positive momentum, enhancing the likelihood of a bullish continuation. Traders await a potential surge towards the 176.10 level, with subsequent targets at 176.45.

Expected Trading Range

The anticipated trading range is projected to be between 175.35 and 176.10.

Trend Forecast: Bullish

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