USDCHFUSD/CHFOANDA:USDCHFHAMED_AZHello Traders! 👋 What are your thoughts on USDCHF? The USD/CHF pair is currently trading within a critical support zone after successfully breaking out of its medium-term descending trendline. Price action is now executing a textbook pullback to the breakout structural level. This specific area holds high probability due to a strong confluence of three key technical factors: The retest of the broken descending trendline. Convergence with the major ascending trendline. Overlap with the golden Fibonacci retracement zone (0.5 - 0.618). We expect the price to complete its pullback within this demand zone, pick up liquidity, and trigger the next bullish impulse wave toward our projected targets. As long as the price holds above the ascending trendline and the static support area, the overall bias remains strictly bullish. Any decisive breakout and a daily candle close below this key zone will completely invalidate this bullish outlook. If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️