USDCHF: Accumulation is Over & Bullish Outlook
Since the end of August, USDCHF has been trading within a range, but the fundamentals released on Friday triggered a surge in bullish sentiment.
This led to a breakout above the upper boundary of the range, indicating potential for further upward movement.
The next resistance level to monitor is at 0.8623.
This led to a breakout above the upper boundary of the range, indicating potential for further upward movement.
The next resistance level to monitor is at 0.8623.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.