Last night, the USDCHF forex broke out from an ascending triangle pattern when it moved above its resistance at 0.9750. Given the height of the chart pattern, the pair may aim for a target of around 0.9900. However, it may first correct in the near perhaps back towards support at 0.950 before eventually rising to the mentioned target. But if the 0.9750 gives way then it may fall down to at least 0.9700. I’m going to look to buy this forex pair as close to 0.9750 as possible and sell at 0.9900 with a stop loss at 0.920 as for my technical analysis.