On the USD/CHF daily chart, bulls managed to test the resistances at 1.009 and 1.017.
Now they serve as supports. The rally towards 161.8% target in the “Crab” pattern continues.
The “bulls” remain control over the market. In this situation, it is better to buy on pullbacks.
On the USD/CHF hourly chart, there is an acceleration of the uptrend. The rollback towards the support at 1.0125 (target 127.2% in the pattern AB = CD) will be a signal for the opening of long positions.
Recommendation: BUY 1,0125 SL 1,007 TP1 1,0275 TP2 1,08.
Origin: FX BAZOOKA
