Hello Traders ! On Friday 8 March, The USDCHF Reached The Support Level (0.87519 - 0.87426). The Price Formed an Ascending Triangle. Currently, The Resistance Level is Broken ! So, I Predict a Bullish Move๐ --------- TARGET: 0.88400๐ฏ
Nice analysis on the USD/CHF! Spotting the ascending triangle pattern and the breakout above the resistance level is a classic bullish signal. Your target at 0.88400 is clearly defined, which is great for planning potential take-profit levels. Keep up the good work with your technical analysis!
Hsan_Benhmed
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@FXCM, Thank You ๐ Iโm so glad it was helpful !