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USDCHF: Potential Buying Opportunity Explained đŸ‡ș🇾🇹🇭

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OANDA:USDCHF   USA-dollar/Schweizisk franc

Hey traders,

One week ago, USDCHF broke a major falling trend line to the upside.
Now we see its retest.

To catch a bullish movement with a confirmation
watch a falling parallel channel on 1H time frame.
Your trigger to buy will be a bullish breakout of its resistance.

Then a bullish continuation will be expected to 0.9372 / 0.9405

If the price breaks the trend line to the downside,
the setup will be invalid.

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