Emerging Rising Wedge pattern in its final wave was identified on the USDCHF 30 Minutes chart. After a strong bullish run, we find USDCHF heading towards the upper triangle line with a possible resistance at 0.8596. If the resistance shows to hold, the Rising Wedge pattern suggests a rebound back towards current levels.
Supported by Upward sloping Moving Average
Target: 0.8596 Entry: 0.8572 Stop: 0.8549
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