USDCHF

💡The analysis shown in the chart displays technical analysis of the USDCHF currency pair on the 4-hour frame. The analysis shows the possibility of continuing the upward movement as long as the price remains within the channel and the lower support is not broken. But crossing the R.1 resistance may indicate an acceleration of the uptrend towards R.2.
If the lower border of the channel is broken, we will witness a drop to the nearby support area. MACD: Current momentum is positive, which supports a continuation of the upside if no surprises occur.

⛔️It is not investment advice, for educational purposes only.