USD/CHF: D1 Graph - The move is long and short term correction.
FIBO correction to 61.8% of the long move up
Bullish hummer at levels of support - Reversing formation
Break up of horizontal resistance and diagonal resistance - signal for long
Higher high, possible change in trend, a long trend after break above 0.9786
Price moves up above 25 ЕМА and at the same time RSI moves up above 50
CCI(50) above 0
SL: 0.9739
Alternative scenario: If the price moves below 0.9739 will cancel the bullish formation.
Sentiment: The expectation of the FED raising rates are growing and this can support the USD
Stefan D. Angelov - Head of Stocks Trading
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