TradingView
VasilyTrader
Sep 30, 2023 8:07 AM

USDCHF: Top-Down Analysis & Bullish Outlook Explained 🇺🇸🇨🇭 Long

USD/CHFOANDA

Description



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

❤️Please, support my work with like, thank you!❤️
Comments
Arazmajeed
Great idea ,well done
UnitedSignals
I agree with your view
JoeChampion
Excellent
VasilyTrader
Are you bullish on USDCHF?
More