USDCHF showing signs of bullish momentum

432
USD/CHF has been consolidating recently, showing signs of bullish momentum as the U.S. dollar strengthens across the board. The pair has broken above a key resistance area, confirming a potential continuation of the broader uptrend.

Key Highlights:

The Swiss franc is weakening amid global risk appetite and divergent monetary policy expectations USD/CHF has broken out of consolidation, suggesting the next bullish leg may be underway. USD/CHF is showing strong bullish momentum after breaking key resistance. Price action suggests a continuation toward the 0.81500 zone as the U.S. dollar maintains strength while the Swiss franc loses ground.

You may find more details in the chart.
Trade wisely best of Luck.

Ps; Support with like and comments for better analysis.

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.