USDCHF is heading towards 0.9037 and could reach this point within the next 19 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
If you’re long USDCHF you should be aware of the rapidly approaching level of 0.9037
