EURCHF is heading towards 0.9412 and could reach this point within the next 11 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.
Important price line being approached by EURCHF. This price has been tested numerous times before.
