USDCHF: Waiting For Level Breakout

Price has started an upside move and has been pushed to the upside after retesting the yellow support zone.

Currently, after a sharp rise, price has started moving sideways between the SR levels.

If we take a look at the price structure, we can see the higher major lows and high which shows that we are in an uptrend.

If price breaks the resistance level at 0.9263 to the upside and closes a bullish candle above this level, I expect a rise to 0.92990

On the other side, if price breaks the sideways zone to the downside, we should wait for the downside breakout on the yellow support zone and candle closure below this area, to look for sell signals with a target at 0.91160