FX.co ★ blaise.rogahn | USD/CHF

My forecast for the USD/CHF pair is that the currency pair will rise, potentially reaching the level of 0.8007. Therefore, I plan to consider trading positions only in the direction of the trend. An alternative scenario with a possible decline can be evaluated once the price consolidates below the level of 0.7932. The chart attached to the post shows the Scalper MA trend indicator, indicating a prevailing upward direction. It is safe to set a stop-loss at the level of 0.7932, and the entry point can be considered from the level of 0.7960.