Technical: USDCHF Tests Key Breakout Level

I wrote about USDCHF on February 6th when the pair was testing channel resistance at 0.9280. A critical point from that article was that bulls needed to secure a daily close above channel resistance to confirm the breakout. Although we saw USDCHF test the level over two days, it never closed above resistance. After some consolidation below channel ...     Alert Feb 16, 2023, 12:55am Technical: USDCHF Tests Key Breakout Level I wrote about USDCHF on February 6th when the pair was testing channel resistance at 0.9280. A critical point from that article was that bulls needed to secure a daily close above channel resistance to confirm the breakout. Although we saw USDCHF test the level over two days, it never closed above resistance. After some consolidation below channel ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support