The breakout of USD/CHF through the 0.9606 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, USD/CHF could test 0.9421 within the next 4 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 0.9606 numerous times, USD/CHF has finally broken through. Can we expect a bearish trend to follow?
