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Big movement possible on USD/CHF after a breach of 0.8815

USD/CHF has broken through a line of 0.8815. If this breakout holds true, we could see the price of USD/CHF heading towards 0.8865 within the next 19 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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We expect UB to trend downwards for the next 48 hours.

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We expect a $782 movement on USDCAD within the next 48 hours.

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