Wed, 30 Aug 2023 11:58:20 GMT
USD/CHF pierces pattern's resistance
Since the start of July, the USD/CHF declined in the broad channel down pattern as low as 0.8550, before starting a recovery. Most recently, the rate pierced the upper trend line of the channel down pattern, indicating that the major decline might have ended.
If the US Dollar continues to gain value against the Swiss Franc and the pattern is