USD/CHF on the 1-hour timeframe has delivered a strong bullish breakout after consolidating below a major resistance zone near 0.7900–0.7910. The pair maintained a sequence of higher highs and higher lows, supported by an ascending trendline and favorable Ichimoku Cloud structure.
Following a brief pullback and consolidation phase, buyers regained control and pushed price decisively above resistance, confirming a continuation of the prevailing uptrend. The breakout is accompanied by strong bullish candles, indicating sustained buying pressure and increasing momentum.
With the former resistance area now acting as support, the technical outlook remains positive as long as price holds above the breakout zone.
🎯 **Target:** **0.7997**
**Bullish Factors:**
* Strong breakout above the 0.7900–0.7910 resistance zone.
* Higher highs and higher lows confirm an established uptrend.
* Price trading above the Ichimoku Cloud.
* Bullish trendline support remains intact.
* Momentum expansion following consolidation.
**Key Levels to Watch:**
* Target Zone: **0.7997**
* Breakout Support Zone: **0.7900 – 0.7910**
* Current Momentum Level: **0.7958**
The breakout suggests buyers remain in control, with the next upside objective located near 0.7997, provided price continues to hold above the newly established support area.
Following a brief pullback and consolidation phase, buyers regained control and pushed price decisively above resistance, confirming a continuation of the prevailing uptrend. The breakout is accompanied by strong bullish candles, indicating sustained buying pressure and increasing momentum.
With the former resistance area now acting as support, the technical outlook remains positive as long as price holds above the breakout zone.
🎯 **Target:** **0.7997**
**Bullish Factors:**
* Strong breakout above the 0.7900–0.7910 resistance zone.
* Higher highs and higher lows confirm an established uptrend.
* Price trading above the Ichimoku Cloud.
* Bullish trendline support remains intact.
* Momentum expansion following consolidation.
**Key Levels to Watch:**
* Target Zone: **0.7997**
* Breakout Support Zone: **0.7900 – 0.7910**
* Current Momentum Level: **0.7958**
The breakout suggests buyers remain in control, with the next upside objective located near 0.7997, provided price continues to hold above the newly established support area.
Trade ativo
Trade fechado: objetivo atingido
my given target is achieved
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join this for trading education purpose
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t.me/+EM2OGkUHG5g5MjA0
join this for trading education purpose
t.me/+EM2OGkUHG5g5MjA0
Publicações relacionadas
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.