Contributors Technical Analysis USD/CHF Another Breakout Attempt

USD/CHF Another Breakout Attempt

Price increased and resumed the yesterday’s bullish candle. Is pressuring the upper median line (UML) of the major descending pitchfork, a valid breakout will bring us a good buying opportunity. USD/CHF has managed to stay above the WL2, signaling that the bulls are strong on the short term. Price needs support from the US data, otherwise, we may have another false breakout.

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