USDCHF: Potential Buying Opportunity Explained 🇺🇸🇨🇭
Hey traders,
One week ago, USDCHF broke a major falling trend line to the upside.
Now we see its retest.
To catch a bullish movement with a confirmation
watch a falling parallel channel on 1H time frame.
Your trigger to buy will be a bullish breakout of its resistance.
Then a bullish continuation will be expected to 0.9372 / 0.9405
If the price breaks the trend line to the downside,
the setup will be invalid.
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