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USDCHF, H4 Broke Out Of Consolidation, Bullish Momentum.

Preferred Case:

Price is have finally broken out of consolidation, we can see that price broke out of the triangle pattern towards the upside. Price is expected
to ride on the bullish momentum towards the 1st resistance in line with the 78.6% Fibonacci extension. Our bullish bias is also supported by the MACD
indicator where the MACD line cross above the signal line, signifying a bullish momentum.

Alternative Case:

Alternatively, Price Could Push Down Towards The 1st Support In Line With 61.8% Fibonacci Retracement And 61.8% Fibonacci Extension.

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