USD/CHF has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 6 days and suggests a possible target level to be around 0.8483 within the next 11 hours.
Breach of 0.8440 could mean a start of a bullish trend on USD/CHF
