USDCHF – Yesterday’s session was the fifth consecutive which ended with increases. The upward trend that has been going on since the end of February has recently definitely accelerated, which is mainly due to the strengthening of the US currency. Soon the increase should reach the range of the upward trend from the second half of last year. When looking at the weekly chart, you can see that the price is relatively respecting the edges of the bearish channel. It seems, therefore, that the upper edge can be the target, which would mean that demand still has room for growth.

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