Earlier we discussed a very bullish bias on USDCHF. This week the price retraced, the pair dropped to a strong intraday/daily demand zone.
Our confirmation to buy will be a neckline breakout of an ascending triangle formation on 1H. We need 1H candle close above the underlined yellow neckline. Then buy aggressively or on a retest.
Intraday goals will be: 0.9265 / 0.928
In case of a new lower low formation on hourly, the setup will be invalid.
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