VasilyTrader

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

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OANDA:USDCHF   Dólar Americano/Franco Suíço

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

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