USD/CHF is heading towards a line of 0.9627. If this movement continues, the price of USD/CHF could test 0.9627 within the next 10 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
USD/CHF is approaching 0.9627. We expect either a breakout through this line, or a rebound.
