Will the Ascending Triangle hold or fail? Plot your targets on the chart.
Bullish continuation pattern.
Consolidation. Can break either way.
A clear signal has emerged for /USDCHF (USD/CHF) on the daily chart. With a last close of $0.82, volatility remains active (0.33%). Price action has carved out a classic Ascending Triangle. Volume is average (1.0x avg) with moderate trend strength (33.8). A potential breakout level is identified at $0.82, targeting $0.85 with support near $0.8 (R:R 1.96).
What is your outlook on USD/CHF?