USDCHF - Cup & Handle Pattern

For a medium-term recovery, the pair will need an uptrend above the 0.9471 high as if it were attacking. USDCHF continues its short-term downtrend, but downside risks seem to be weakening so its corrections are close to each other and after some recovery, it can start its aggressive uptrend by getting a reaction from fib 0.786. (On Daily)