The movement of USD/CHF towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 3 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
After testing the resistance line numerous times, USD/CHF is once again approaching this line. Can we expect a bullish trend to follow?
