USD/CHF has broken through a resistance line. It has touched this line numerous times in the last 5 days. This breakout shows a potential move to 0.8706 within the next 14 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
USD/CHF is currently testing a level of 0.8662. Will the breakout continue or will things reverse?
