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Will The USDCHF Breakout From an 8-Year Consolidation?

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Sublime_Trading  
FX:USDCHF   U.S. Dollar / Swiss Franc
Trend Analysis Support and Resistance Pivot Points fx Forex USDCHF swissy breakout consolidation LONG Bullish Patterns patience
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trendanalysis supportandresistance pivotpoints fx forex usdchf swissy breakout consolidation long bullish patience
This currency pair is featuring for the first time on our TradingView blogs.

Current setup: Price is in a long-term consolidation dating back to 2011/2012. A break and close above resistance will suggest a breakout.

Conclusion: Trading above the high of 2018 but standing aside until a breakout is confirmed after which we will look to place long trades.

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