USDCHF re-entered into the descending channel range which leads to -725 Points
![](https://fxrealhunters.com/wp-content/uploads/2023/03/usdchf-broken-the-top-area-of-the-descending-channel-1-1024x546.png)
USDCHF Analysis:
USDCHF broken the top area of the descending channel in the 4-hour timeframe chart.
USDCHF Buy signal given.
![](https://fxrealhunters.com/wp-content/uploads/2023/03/USDCHF-re-entered-into-the-descending-channel-1024x546-1.png)
USDCHF Update: Due to month end correction, USDCHF re-entered into the descending channel range in the 4-hour timeframe chart which leads to the SL price. however, In another view, USDCHF is still consolidating between the support and resistance areas.