USD/CHF: Bullish Trend Supported by Falling Wedge Pattern
USD/CHF: Bullish Trend Supported by Falling Wedge Pattern
The USD/CHF currency pair is trending based on global dollar movements rather than local economic fundamentals. Recent data from both Switzerland and the U.S. will likely focus traders’ attention on potential interest rate differentials and breakout setups.
Despite some challenges, the formation of a falling wedge pattern suggests that bullish traders may still have the upper hand in the current trends.