$USDCHF BREAKOUT RETEST HOLDS CRITICAL SUPPORT ⚠️
$USDCHF is consolidating inside a major support confluence after breaking above its medium-term descending trendline. The retest remains constructive while price holds near the ascending trendline and the 0.5–0.618 Fibonacci retracement area.
This structure keeps the bullish continuation case intact, but confirmation depends on buyers defending the demand zone. A clear daily close below support would weaken the setup and shift momentum back toward sellers.
Not financial advice. Manage your risk.
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