USDCHF: Top-Down Analysis & Bullish Outlook Explained ๐บ๐ธ๐จ๐ญ
https://www.tradingview.com/x/VE8o6w6O/
USDCHF is trading in a strong bullish trend.
After the price set a new higher high on a daily,
it retraced to a key horizontal support.
Analyzing the reaction of the price to that, I have spotted a bullish breakout
of a resistance line of a falling wedge pattern.
It is an important sign of strength of the buyers.
The market will most likely resume growth next week.
Goals: 0.917 / 0.9195
โค๏ธPlease, support my work with like, thank you!โค๏ธ
USDCHF is trading in a strong bullish trend.
After the price set a new higher high on a daily,
it retraced to a key horizontal support.
Analyzing the reaction of the price to that, I have spotted a bullish breakout
of a resistance line of a falling wedge pattern.
It is an important sign of strength of the buyers.
The market will most likely resume growth next week.
Goals: 0.917 / 0.9195
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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