FX.co ★ USD/CHF

The pair is slightly strengthening today and is within an ascending channel on the H4 chart. The MACD indicator is in the positive zone with no clear signals, while the MA arrow points upwards. In this situation, there is an assumption that buying will continue to be of priority. Therefore, the franc can be expected around the level of 0.8123. If a breakout occurs, it may move towards 0.8170. It is possible that there will be a correction back to around 0.8028, followed by another upward movement.