
USDCHF: ⬆️ Buy
– USDCHF reversed from support area
– Likely to rise to resistance level 0.7800
USDCHF currency pair recently reversed from the support area between the key support level 0.7600 (which stopped earlier impulse wave (1) in December) and the lower daily Bollinger Band.
The upward reversal from this support area started the active short-term corrective wave 2.
USDCHF currency pair can be expected to rise to the next resistance level 0.7800 (former multi-month support from September and the top of the earlier correction (2)).
Source: https://fxpro.news
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