USD/CHF Poised for a Bullish Breakout: Path to Parity Bullish Scenario 🚀📈
1. Breakout Above the EMA (200) 🔺:
If the price closes above the 200-week EMA (0.9082), it could confirm a long-term bullish trend reversal.
A strong push may target key levels like 0.9500 and eventually 1.0000 (parity) 🎯, as shown by the projection arrow.
2. RSI Support 💪:
The RSI above 50 indicates that buyers are gaining momentum.
If RSI trends toward 70, it signals even stronger bullish momentum ✅📊.
3. Higher Highs and Higher Lows 📶:
The chart is forming higher highs and higher lows, a classic signal of an uptrend.
This pattern supports a move toward higher price levels 🚀.
🔥 Key Takeaway: A breakout above the EMA could spark a powerful rally, with parity (1.0000) as a major psychological target.
