USDCHF, H2
On the H2 timeframe, USDCHF navigates sideways and faces the crucial 0.8600 resistance zone.
MACD crosses the 0-lone, and on the Williams Alligator indicator, the lips crossed the jaw, giving a strong bullish sentiment.
- If the price breaks above the 0.8600 resistance it will rise to 0.8680 and the 261.8 Fibonacci;
- A slight correction and rebounding from the 161.8 Fibonacci may trigger a further uptrend to the same target at 0.8680 resistance.
