Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDCHF: Accumulation is Over & Bullish Outlook
U.S. Dollar / Swiss Franc
Long
USDCHF: Accumulation is Over & Bullish Outlook
By NovaFX23
Follow
Follow
Oct 7, 2024
4
5
8
8
Oct 7, 2024
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.
Candlestick Analysis
Chart Patterns
Support and Resistance
NovaFX23
Follow
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
.