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The USD/CHF pair extended its growth and now it has managed to jump above the 0.9724 former high which represented an upside obstacle. The price is located far above the uptrend line which stands as a downside obstacle. As long as it stays above this line, the USD/CHF pair could approach and reach new highs.
Its failure to come back to test and retest the uptrend line signaled strong buyers and potential upside continuation.
The current breakout above the 0.9724 former high could activate further growth. You can see that the rate has tried to test the broken upside obstacle confirming the breakout. Jumping above 0.9742 today's high could confirm an upside continuation.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।