Last week, the 📈USDCHF price reached a significant ascending trend line on the 4-hour chart.
Despite the market consolidating within a horizontal range for a while, the contact with the trend line propelled the pair upward.
The market subsequently broke and closed above the range's resistance.
I anticipate that the pair will continue to rise, reaching at least 0.7997.
Despite the market consolidating within a horizontal range for a while, the contact with the trend line propelled the pair upward.
The market subsequently broke and closed above the range's resistance.
I anticipate that the pair will continue to rise, reaching at least 0.7997.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.