USD/CHF has successfully broken out of its descending channel and retested the upper boundary near 0.81679.
As long as this level holds, bullish continuation is favored.
Potential upside targets:
📍 First: 0.82154
📍 Second: 0.82510
📍 Extension: 0.84608 (if momentum accelerates)
A drop below 0.81292 would invalidate the bullish structure.
This is a technical analysis idea – not financial advice.
As long as this level holds, bullish continuation is favored.
Potential upside targets:
📍 First: 0.82154
📍 Second: 0.82510
📍 Extension: 0.84608 (if momentum accelerates)
A drop below 0.81292 would invalidate the bullish structure.
This is a technical analysis idea – not financial advice.
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.
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.