USDCHF has broken through a support line. It has touched this line at least twice in the last 12 days. This breakout may indicate a potential move to 0.7936 within the next 18 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.
There is a possibility of a big movement on USDCHF after a breach of the support
