USDCHF is on a strong rise after breaking through some important levels on a daily chart last week, so we see market turning bullish, currently making a five wave rise. Specifically we see price trading within corrective wave 4), that can cause a strong push higher soon into wave 5.
USDCHF, 4H
Below we see the daily chart of USDCHF, where we see a completed higher degree wave B. The broken trendline can suggest a completed correction and a change in trend, brom bearish to bullish. So more gains may follow in days and weeks to come.
USDCHF, Daily
