The movement of USD/CHF towards 0.9895 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 6 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.
After testing 0.9895 numerous times, USD/CHF is once again approaching this price point. Can we expect a bearish trend to follow?
