USDCHF 9.1.2025
General Trend:
The recent strong upward trend is evident, with prices continuously rising and surpassing previous resistance levels. The primary support at 0.8980 appears strong at the moment.
Expected Scenarios:
Bullish Scenario:
The ongoing bullish movement could push the price to test the resistance at 0.9242. If this level is breached, the next target will be 0.9315.
Bearish Scenario:
If the price faces strong rejection at the 0.9242 resistance level, it could retreat to test the support at 0.8980.
Key Levels:
Resistances: 0.9242 - 0.9315
Supports: 0.8980 - 0.8900
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