USDCHF Breaking Up
I have previously interpreted USDCHF as bearish but the recent developments in price action indicate otherwise.
Price is breaking out of the descending trendline into a bullish move. Such breakout may retest the previous high.
Price is breaking out of the descending trendline into a bullish move. Such breakout may retest the previous high.
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.