USDCHF Price Bottomed at $0.87 Barrier

USDCHF may experience a bullish reversal

USDCHF Price Analysis – 14 March

USDCHF can increase above $0.90 and get closer to the $0.91 hedge levels if the buying momentum can hold above the $0.89 resistance position. However, if customers put in enough effort to shift the price from the $0.88 to the $0.87 range, merchandisers can lower the price below $0.86.

Key Levels:

Resistance levels: $0.89, $0.90, $0.91

Support levels: $0.88, $0.87, $0.86

USDCHF Long-term trend: Bearish

Over the previous week, the USDCHF chart has been heading lower. Since the price originally surfaced at $0.91 three weeks ago, clients have benefited from the robust USDCHF market. The USDCHF market has been dominated by sellers as of February 25. A few days ago, the value of the two currencies was $0.89. At the first level that was recommended, a bearish engulfing candle pattern was shown. After that, the price started to drop by nearly $0.87. The bearish harami candle pattern was seen to form at the resistance level that was previously mentioned. The current goal price is $0.86.

A negative reversal impulse is indicated by the USDCHF exchange rate’s present position below the Hull Suite. The forex signal QQE MOD, which is tilted below the zero line, indicates price declines. The price can increase above $0.90 and get closer to the $0.91 hedge levels if the buying momentum can hold above the $0.89 resistance position. However, if customers put in enough effort to shift the price from the $0.88 to the $0.87 range, merchandisers can lower the price below $0.86.

 

USDCHF Medium-term Trend: Bullish

The USDCHF’s medium-term prognosis is distinctly optimistic. A double bottom candle pattern close to the $0.87 barrier level had caused the currency pair to experience a bullish reversal a few days earlier. When an inner bar candle pattern emerged on March 25, the price made a successful attempt to break up at $0.88. In the direction of the north, the price began to incline. At the moment, the price is towards $0.89. The price may rise to $0.90 if bulls are successful in breaking through the aforementioned barrier.

.87 Barrier" width="1281" height="573" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/03/4-hours-38.png"/> A bullish market is indicated when the currency pair rise above the Hull Suite signal. Offering anything for purchase is advised if the QQE MOD is nore than zero.

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