The daily chart of the USDCHF shows a bullish trend, with the price breaking above the resistance level at 0.7850. The momentum indicator suggests a strong upward movement, with the price closing above the high of the previous bar. The volume is also supporting the trend, with an increase in trading activity as the price rises. This confirms the strength of the move and justifies the buy signal. The price is expected to continue its upward movement, with a potential target at 0.8120. This is supported by the trend line, which is still intact and pointing upwards. The risk-reward ratio…

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