USDCHF Facing bullish pressure | 13 Sept 2021

USDCHF Facing bullish pressure | 13 Sept 2021 for FX:USDCHF by FXCM

USDCHF Facing bullish pressure | 13 Sept 2021



USDCHF broke above previous descending trendline resistance (now support). Price is also holding above shorter term ascending trendline support. A further intraday push higher above our buy entry at 0.91729 towards graphical swing high resistance at our take profit of 0.92395 could be possible. Stochastic is also reacting above support where price bounced higher in the past as well.

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