USD/CHF posted a bullish 'key reversal day' on Friday. Although mindful of potential month-end distortions, this is a potentially significant signal. Analysts at Credit Suisse stay bullish, with a break above the 0.9196 resistance needed to confirm an important low is in place for a resumption of the uptrend. 'USD/CHF posted a bullish ‘key reversal day' on Friday, the first candlestick reversal signal of any kind since the April correction began. This is a potentially significant signal, particularly as it occurred on the back of hold above a key cluster of medium-term supports at the 200-day average and uptrend from the 2021 lows at 0.

https://www.fxstreet.com/news/usd-chf-posts-a-significant-bullish-signal-to-eye-a-move-beyond-09200-credit-suisse-202105040923

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