USDCHF has broken through a support line. It has touched this line numerous times in the last 6 days. This breakout shows a potential move to 0.7940 within the next 19 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
After testing 0.7961 numerous times, USDCHF has finally broken through. Can we expect a bearish trend to follow?
