USDCHF: ⬆️ Buy
– USDCHF reversed from support zone
– Likely to rise to resistance level 0.8140
USDCHF currency pair recently reversed down from the support zone between the pivotal support level 0.8010 (former strong resistance from March) and the lower daily Bollinger Band.
This support zone was strengthened by the support trendline of the daily up channel from the start of this year and by the 50% Fibonacci correction of the upward impulse from May.
Given the clear daily uptrend, USDCHF currency pair can be expected to rise further to the next resistance level 0.8140.
SOURCE LINK : USDCHF Wave Analysis – ActionForex
