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Breach of 0.9094 could mean a start of a bearish trend on USD/CHF

The price of USD/CHF in heading in the direction of 0.9071. Despite the recent breakout through 0.9094 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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Important price line being approached by USD/JPY. This price has been tested numerous times before.

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US30 – breach of a trending resistance line that has been tested at least twice before.

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