USDCHF Long-term bullish confirmed but time for relief pullback?US DOLLAR VS SWISS FRANCTRADENATION:USDCHFTradingShotLast time we had a look on the USDCHF pair (June 17, see chart below), we gave a strong Buy Signal as the price had marginally broken above its 1-year Channel Down and the 1W MA50 (blue trend-line): As the price is now very close to hitting our 0.82000 Target, it may be time to Sell as not only are we close to the Top (Higher Highs trend-line) of the Channel Up that emerged and almost completed a symmetrical to the 1st one +5.77% Bullish Leg, but also about to test the 1W MA100 (green trend-line) for the first time since the week of March 31 2025. As a result, on the medium-term it is more likely to see a Bearish Leg pull-back towards the 0.618 Fibonacci retracement (as the previous Bearish Leg did) and the bottom of the Channel Up. Our Target is the 1W MA50 at 0.79500. If however the pair closes a 1W candle above the 1W MA100 first, this plan is invalidated. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇