ForexKei-Official

USDCHF potential resistance breakout

Long
FX:USDCHF   U.S. Dollar / Swiss Franc
Comment:

USDCHF shows a potential breakout of Daily resistance at 0.92748 level based on below Ichimoku confirmations.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles

Next Scenario:

Market is at the resistance of 0.92748 with uptrend by Ichimoku. Once it breaks, market goes up to the next round number of 0.93 level.
Otherwise, pull back to 0.92423 as well as near Tenkan sen, then continue to go up.

Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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.