traderpulse

USD/CHF Technical Analysis

Long
OANDA:USDCHF   U.S. Dollar / Swiss Franc

The counter is currently in sideways consolidation.
It made a false breakout at the lower end of the range and has crept in and now forming a symmetrical triangle pattern.
We expect the triangle to render a bullish breakout and push the price to the upper end of the range for now.

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.