U.S. Dollar / Swiss Franc
Updated

USDCHF | 15M | Needs to break for uptrend

209
Hey there my friend;

I’ve prepared my analysis of USD/CHF for you. For USD/CHF to move into an upward trend, it needs to break out of the parallel channel. Once it breaks out of the parallel channel, I’ll share the target levels with you.

Dear friends, your likes are always my biggest source of motivation for me to share analysis. For this reason, I would like to ask each and every one of my followers; please do not miss your likes.

I sincerely thank everyone who supports me with their likes.
Trade closed: target reached
snapshot

Friends,
Yesterday, I shared my USD/CHF analysis with you, mentioning that the price needed to break out of the parallel channel for a bullish movement to occur.
Indeed, the price broke out of the parallel channel, initiating a brief bullish phase. However, it reached the critical resistance level I identified at 0.83291, failed to break through it, and experienced a decline.

Dear friends, your likes are always my biggest source of motivation for me to share analysis. For this reason, I would like to ask each and every one of my followers; please do not miss your likes.

I sincerely thank everyone who supports me with their likes.

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