The USDCHF currency pair is correcting against the uptrend on the hourly timeframe. The correction has reached the Ichimoku cloud and turned north from the support at 0.7923. Currently, the price is trying to break the local correction channel. In addition, bullish signals have appeared at the bottom: a bullish divergence on the AO oscillator and an oversold stochastic. If the price can break and hold above the upper trend line, then I expect a rise to the resistance at 0.7976.
