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A final push expected on USD/CHF as it starts approaching a price line of 0.9796.

USD/CHF is heading towards a price line of 0.9796 and could reach this point within the next 7 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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We expect a $333.25 movement on KC within 12 hours following the event release at 19 Dec 03:00.

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SPX500 is quickly approaching 3195.7500. We expect either a breakout through this line, or a rebound.

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