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A final push possible on USD/CHF as it starts approaching a price line of 0.9606.

USD/CHF is heading towards 0.9606 and could reach this point within the next 5 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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After experiencing a 9.31% bearish move in the space of 19 days, nobody knows where US30 is headed.

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A final push possible on GBP/USD as it starts approaching a price line of 1.2601.

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