The USD/CHF has been trading within a well-defined uptrend on the D1 timeframe, characterized by a series of higher highs and higher lows. The recent candlestick formation indicates a bullish momentum, with the price breaking above the 0.7850 resistance level. The high volume traded during this move suggests a strong confirmation of the uptrend. The price has also managed to close above the 20-period moving average, further reinforcing the bullish bias. Looking ahead, a potential target for this trade could be the 0.8115 level, which is the next significant resistance area. This level was previously tested in the past and…

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