The USDCHF is approaching strong resistance. Earlier the price broke the global downtrend and is starting to form an uptrending price channel
TA on the high timeframe: 1) Friday's daily candle closes near the strong resistance level of 0.89952 - the premise is that the market is preparing to continue moving 2) After overcoming the level of 0.8995, a strong impulse and a surge in volume could be formed. 3) Fundamentally, the currency pair is influenced by the positive factors
TA on the low timeframe: 1) Price makes a retest of resistance at 0.8995. The level is the upper border of the range, and at the moment it plays the key role, so I expect a small pullback with the following growth continuation. 2) The price is in the ascending price channel - bullish potential appears 3) The pullback may be to the level of 0.89500 4) growth may continue from the support