The USD/CHF pair has been in a bullish trend, marked by higher highs and higher lows. Recently, a bearish divergence on the last two higher highs indicates weakening bullish momentum. A break below the previous higher low of 0.89132 would confirm a bearish reversal, providing a strategic selling opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.