The USDCHF pair has just broken out of a consolidation zone on the H4 chart and successfully retested the previous resistance, now turned support. This retest strengthens the case for a potential bullish move from here.
With momentum building, this breakout could signal further upside. As always, it's key to stay cautious and keep an eye on risk management, but things are looking positive for buyers at this stage.
What’s your take on this breakout? Are you seeing the same potential? Let me know in the comments below!