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USD/CHF is quickly approaching 0.9870. We expect either a breakout through this line, or a rebound.

USD/CHF is heading towards a line of 0.9870. If this movement continues, we expect the price of USD/CHF to test 0.9870 within the next 8 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 just like it did in the past.

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We expect TN to trend upwards today.

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We expect CL to trend upwards for the next 48 hours.

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