Last week USDCHF failed to break a minor resistance and gain a massive downward momentum until it break a price trend line. TECHNICALLY based a USDCHF had to come down so as to regain its strong up ward momentum so the market is still bullish as the price has reached a support level where it has push up after a little market imbalance.
also there is a clear double bottom structure in a 4hr chart
also there is a clear double bottom structure in a 4hr chart