FX.co ★ USDCHF H1: Bullish Symmetrical Triangle

The Bullish Symmetrical Triangle pattern has formed on the USDCHF H1 chart. Its lower boundary passes through 0.8026/0.8094, while its upper boundary passes through 0.8155/0.8094. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDCHF is expected to break the upper boundary and move toward 0.8134.