Hi there fellow traders! New month, same goal. My view on USDCHF is pretty bullish. I believe we managed to get a break out and a retest as support on this trendline. This support comes as a correction as our 4th wave and this is where I am expecting our 5th wave to form (elliot wave theory). With a strong Divergence on our Daily chart, price may actually rally further but my target is set on 0.98290. Let's see how it goes.
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HL created, still expecting bullish movement on this pair.
HL created, still expecting bullish movement on this pair.