USDCHF 1hour Analysis January 7th, 2021

Price has broken out of our downward channel and is starting to gain some upward momentum. We are looking for a healthy retrace back to our key structure level around .8820. Price could also find support at our weekly level at .8830 but would set up a more aggressive trade. Wait for the corrective pattern to form and for further bullish setups/variations to form at our key levels to enter long.