Technical Analysis – USDCHF triangle formation intact; Ichimoku acts as resistance
USDCHF is on a sideways move within a symmetrical triangle over the last month, pausing the strong upside tendency that started after the pullback off the 0.9185 support. Currently, the price is testing the 40-period simple moving average (SMA) and the lower surface of the Ichimoku cloud in the 4-hour chart. From a technical viewpoint, […]