Using a very short termed 30-minute chart, our eyes have spotted an ascending triangle pattern on EURCHF. After selling off over the last few weeks, the last two days have presented a bit of a stalemate between the two currencies. From the chart provided below one may notice the pair creeping up the rising support line. The pair often finds strong resistance around the 1.5534 mark. Such a pattern is generally conducive to a reversal of the previous trend. One may want to consider waiting for a significant upside breakout before acting upon this price action.