USDCHF: Bullish Breakout with a Prime Retest Opportunity
USDCHF exhibits strong bullish momentum, having decisively broken its previous resistance level. With no signs of bearish divergence, the trend is likely to continue. A potential retracement to retest the recently broken resistance, now serving as support, could present a favorable opportunity to enter long positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.