Hello and welcome to my Trade Idea of the currency pair USD/CHF.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a very strong trendline . The huge monthly candle from december broke the trendline a little in the violent fall. But this is not too bad if you come to the bullish arguments from the weekly timeframe .
Weekly: On the weekly timeframe we see a perfect weekly candle close above the trendline . The second point is the touch from the market on an important level. The target is the 0.99000 key level.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a very strong trendline . The huge monthly candle from december broke the trendline a little in the violent fall. But this is not too bad if you come to the bullish arguments from the weekly timeframe .
Weekly: On the weekly timeframe we see a perfect weekly candle close above the trendline . The second point is the touch from the market on an important level. The target is the 0.99000 key level.
Have a nice day.