On the 4-hour chart, USDCHF has formed a potential double bottom pattern in the short term. At present, attention can be paid to the resistance near 0.8864. If it breaks through, it will continue to rise, with the upward target looking at around 0.8960. At present, attention can be paid to the pullback near 0.8820 to go long.
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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.