- USDCHF broke resistance level 0.9130
- Likely to rise to resistance level 0.9225
USDCHF currency pair recently broke the resistance level 0.9130, which stopped the previous impulse wave i at the start of January, as can be seen below.
The breakout of the resistance level 0.9130 accelerated the active impulse wave iii, which belongs to the higher impulse waves 3 and (3).
Given the sharp daily uptrend, strongly bullish US dollar sentiment, USDCHF currency pair can be expected to rise to the next resistance level 0.9225 (former multi-month high from April of 2024 and the target for the completion of the active wave 3).
