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USD/CHF: bulls are gaining strength
Recommendations:
BUY 1,0215 SL 1,0160 TP 1,037,
BUY 1,012 SL 1,0065 TP 1,027.
USD/CHF Chart D
On the USD/CHF daily chart, there is a restoration of the uptrend. The rally may be extended to 1.037, 1.049 and 1.077 (target 161.8% in the "Crab" pattern). Update of the December high will be the signal of a new attack of "bulls".
On the USD/CHF daily chart, there is a restoration of the uptrend. The rally may be extended to 1.037, 1.049 and 1.077 (target 161.8% in the "Crab" pattern). Update of the December high will be the signal of a new attack of "bulls".
USD/CHF Chart H1
On the USD/CHF hourly chart, the "Shark" pattern was activated which allowed traders to enter longs. The outlook for the pair is still "bullish". It can be confirmed by current upward trading channel. Traders may make a bid for buying the US dollar on pullbacks towards support or on a break of previously formed high.
On the USD/CHF hourly chart, the "Shark" pattern was activated which allowed traders to enter longs. The outlook for the pair is still "bullish". It can be confirmed by current upward trading channel. Traders may make a bid for buying the US dollar on pullbacks towards support or on a break of previously formed high.
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