Cabana Capitals Blog Technical Analysis Confirmed breakout on USDCHF 1 hour chart

Confirmed breakout on USDCHF 1 hour chart

Confirmed breakout on USDCHF 1 hour chart post thumbnail image

USDCHF has breached the resistance line at 0.8837. It may continue the bullish trend towards 0.8879, or, it may prove to be yet another test of this level.

Supported by Upward sloping Moving Average

Target: 0.8879 Entry: 0.8846 Stop: 0.8826

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