The USD/CHF pair has exhibited a consolidation phase on the H1 timeframe, oscillating between key support at 0.80849 and resistance near 0.81185. Recent closes have been hovering around 0.8100, with the last candle closing at 0.80973, suggesting a potential bullish setup. The price action shows a series of lower highs and higher lows, indicating a gradual bullish trend. The entry level at 0.81031 aligns with the recent consolidation range, where the pair has found buying interest despite mixed volume. Notably, the close at 0.81056 and 0.81061 forms a bullish engulfing pattern, signaling a potential reversal. Volume on the entry candle…

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