Apr 30, 2025
Trade ideas
USDCHF, Daily
The asset continues to hold in the uptrend, demonstrating stable growth. The price remains above the key MA-200 level, confirming the bulls' strength in the market. The chart shows the "Bull Flag" formation, which indicates a possible continuation of the uptrend.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: FBS Analyst Team
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