USDCHF → The bullish trend may get its continuation

is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar...

The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects.
Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93.

Resistance levels: 0.911
Support levels: 0.90555

Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911

Regards R. Linda!

Trade closed: target reached

RLinda

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