USDCHF is rising but it's not late to buy.
USDCHF has been on a very strong 2 week rise on Support A and has turned the 1day MA50 into Support. Until that breaks, we expect the bullish trend to continue.
Technically this is an emerging Channel Up that looks very much like the January rebound on Support A, which also consolidated after a nearly +3.00% rise and then moved to a +4.78% rise before it pulled back.
Buy and target 0.87900 (+4.78%), which will approach the 1day MA200.
Follow us, like the idea and leave a comment below!!
Technically this is an emerging Channel Up that looks very much like the January rebound on Support A, which also consolidated after a nearly +3.00% rise and then moved to a +4.78% rise before it pulled back.
Buy and target 0.87900 (+4.78%), which will approach the 1day MA200.
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.