USDCHF: Bullish Outlook Explained

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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.

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