FX.co ★ blaise.rogahn | USD/CHF

Currently, the USD/CHF currency pair has started moving within an ascending channel, indicating that buyers are in control. After an attempt to hold below the 0.78760 level, an uptrend began. I expect the price of the currency pair to move in the range of 0.79100 to 0.79400 in the near future. At the moment, the 0.79200 level is the closest resistance. If the price manages to break above this level, it could be one of the first signals that a move towards 0.79500 is likely, although a pullback could also occur. It is important to note that the price is currently below this point, making a bullish movement the priority.