The breakout of USD/CHF through the resistance line of a Inverse Head and Shoulders could be a sign of the road ahead. If this breakout persists, we expect the price of USD/CHF to test 0.9940 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, USD/CHF has finally broken through. Can we expect a bullish trend to follow?
