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USDCHF: Bullish Continuation Confirmed 🇺🇸🇨🇭

Long
Dollaro / Franco svizzero (OANDA:USDCHF)  
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OANDA:USDCHF   Dollaro / Franco svizzero
Multiple Time Frame Analysis Parallel Channel Cup And Handle forexsignals tradingsignals fxsignal Forex trading Technical Analysis Contains image
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mtfa parallelchannel cupandhandle forexsignals tradingsignals fxsignal forex trading technicalanalysis containsimage
snapshot

After a violation of a neckline of a cup & handle formation on a daily time frame,
USDCHF was consolidating for quite a while within a narrow horizontal range
on a 4h time frame.

The resistance of the range was broken during the yesterday's NY session.
We see its retest and a strong bullish reaction now.

We may anticipate a bullish continuation to 0.88

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