USD/CHF has broken through a line of 0.8949 and suggests a possible movement to 0.9008 within the next 4 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 21 days.
Important price line breached by USD/CHF. This price has been tested numerous times before.
