
“USD/CHF: A Closer Look at the Latest Downtrend”
Triple-Top Pattern on USDCHF: What Does It Mean? The Weekly Timeframe Analysis In the weekly timeframe, USDCHF has recently formed a triple-top pattern. This pattern occurs when the price reaches a significant resistance level three times and fails to break above it. Each peak in the pattern is followed by a downturn, indicating strong selling…