USDCHF: Bullish Setup Explained 🇺🇸🇨🇭

Long

Dollaro / Franco svizzero (OANDA:USDCHF)

OANDA:USDCHF Dollaro / Franco svizzero

Head and Shoulders Support and Resistance Supply and Demand USDCHF DJ FXCM Index dollar USD swissfranc forextrading

headandshoulders supportandresistance supplyanddemand usdchf usdollar dollar usd swissfranc forextrading

snapshot

I spotted an inverted head and shoulders pattern on USDCHF on 1H time frame.
The price has broken and closed above its neckline.

I suppose that the pair will bounce soon.
Targets: 0.9486 / 0.9522

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