LADEEc57

$USDCHF / M, Readying for Breakout

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Bullish momentum coming into play after completion of upside-down head-N-shoulder formation on the monthly time frame. I can see it retest previous highs at $1.0344 level set in 2016 with a possible pullback limit at the 49EMA line near $0.98 levels for long stops.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.