Recommendation BUY 1…
Daily Market Analysis
On the daily chart, bulls didn’t manage to push USD/CHF above resistance at 0…
There's a consolidation, which is taking place below resistance at 1.2705. So, the pair is likely going to achieve the 34 MA.
The price is consolidating near the 55 Moving Average. It seems like bulls are going to test the 34 MA.
Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the local market in a correction phase and the bulls may go higher.
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.