USD/CHF: a middle-term bullish move is bound to happen?

By Investroy
The pin-bar candle formation that can be observed from the Daily timeframe implies that short to middle-term bullish moves may continue for now as the price might potentially head towards the area of resistance plotted on the chart that lines up with the 61.8% Fibonacci retracement level also aligning with the descending trendline identified on the graph.
Candlestick AnalysisFibonacciForexforextradinginvestroypriceactionSupport and ResistanceTechnical AnalysisUSDCHF
Investroy

Disclaimer