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HomeLatestEUR/CHF Resumes Correctional Bullish Trend: Forecast for August 15, 2024

EUR/CHF Resumes Correctional Bullish Trend: Forecast for August 15, 2024

The EUR/CHF pair has recently continued its correctional bullish trend, surpassing the resistance level of 0.9490 and achieving additional gains, reaching 0.9542.

Despite mixed signals from major indicators, the sustained stability above the 0.9490 level, now acting as additional support, enhances the likelihood of further gains. Potential targets include 0.9575 and 0.9610.

Today’s expected trading range is between 0.9510 support and 0.9575 resistance.

Trend Forecast: Bullish

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