The USDCHF has been consolidating in a bullish trend on the daily chart, with a strong upward momentum building up over the past few weeks. The recent candles have formed a series of higher highs and higher lows, indicating a robust buying pressure. The price has been oscillating between the key support at 0.7725 and the resistance at 0.7835, which is a clear sign of a breakout. The volume has been increasing, which further supports the bullish sentiment. Given the current setup, it is likely that the price will break above the resistance and head towards the target of 0.8075.…

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