USDCHF is rising but it's not late to buy.

١٥ أكتوبر ٢٠٢٤

USDCHF has been on a very strong 2 week rise on Support A and has turned the 1day MA50 into Support. Until that breaks, we expect the bullish trend to continue.

Technically this is an emerging Channel Up that looks very much like the January rebound on Support A, which also consolidated after a nearly +3.00% rise and then moved to a +4.78% rise before it pulled back.

Buy and target 0.87900 (+4.78%), which will approach the 1day MA200.


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