USDCHF on hourly timeframe passed descending trendline that previously worked as dynamic resistance to the instrument. USDCHF is expected to continue rising up to area 0.9645 (local static barrier) and 0.9660 (daily dynamic resistance).
Intraday confirmation for USDCHF long entry comes after close above short-term ascending trendline 0.9590 (15-min timeframe).
Intraday confirmation for USDCHF long entry comes after close above short-term ascending trendline 0.9590 (15-min timeframe).
Trade closed: target reached
0.9660 target reached.
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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.