USD/CHF Potential Upward Movement

USD/CHF Long-Term Trend: Bullish

Key Resistance Levels: 0.78985, 0.79370, 0.80117

Key Support Levels: 0.77474, 0.76502, 0.76290

Daily Chart:

The price on the higher time frame has recently been in an uptrend after it bounced back after testing a support level of 0.76290 The pair has broken a few resistance levels, which suggests further trend continuation.

USD/CHF Medium-Term Trend: Bullish

4-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked resistance area. As of now the pair has reacted and broken the minor bullish structure before continuing the momentum.

Signal Idea:

Buy Market Order @ 0.78116

TP @ 0.78855

Stop Loss @ 0.77377

Trade Safely 🙂

This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.

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