
On the daily chart, USD/CHF is in a recovery phase, currently sandwiched between the 50-day MA (0.7845) and 100-day MA (0.7865). The H4 chart shows a more defined bullish structure, featuring a “Golden Cross” (100-period MA above 200-period MA). Failure to hold above the 0.7846 short-term support would negate the bullish setup and likely lead […]
The post USD/CHF Price Analysis: Bulls Eye Key Resistance After Base Formation appeared first on ActionForex.