We can see USDCHF was in a previous downtrend, i believe it has come to its end and is now reversing, we can see the bullish engulfing candle in my highlighted area completely engulfed the previous 2 candles indicating buyers have taken control, its also looks the forming a ascending triangle pattern, i am expecting a break out of this before a re test to my second highlighted area which lines up nicely with my trend line.