USD/CHF: Channel Breakout

 | Dec 22, 2022 08:42AM ET

Bullish: USD/CHF is currently at 0.9279 after a channel breakout. If we can break resistance here, we are looking to continue to the ATR target at 0.9349.

Watch the USDX for direction. The average daily true range (ATR) for the pair is 84 pips. USDX is currently threatening up.