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DASHEUR is quickly approaching 38.8200. We expect either a breakout through this line, or a rebound.

DASHEUR is heading towards a line of 38.8200. If this movement continues, we expect the price of DASHEUR to test 38.8200 within the next 16 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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After testing resistance twice in the past, USD/CHF has finally broken through. Can we expect a bullish trend to follow?

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