U.S. Dollar / Swiss Franc
Updated

USD/CHF (1-hour timeframe)

279
USD/CHF (1-hour timeframe), the analysis appears to include:

Ascending triangle pattern (with higher lows and a horizontal resistance).

Ichimoku Cloud for trend analysis.

Two marked target levels with projected breakout potential.


Identified Targets:

1. First Target:
🔹 Around 0.80000
This is just above the current resistance zone and seems to be the initial breakout target if price breaks the horizontal resistance.


2. Second Target (Final Target):
🔹 Around 0.80300 – 0.80350
This is the next higher resistance or profit-taking zone based on projected move from the triangle breakout.




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Summary:

If the price breaks and closes above the horizontal resistance (approx. 0.79850), your potential targets are:

🎯 Target 1: 0.80000

🎯 Target 2: 0.80300–0.80350


Keep an eye on price action and volume confirmation before entry. Let me know if you want stop-loss suggestions or a risk/reward breakdown.
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