The movement of USD/CHF towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
After testing the support line numerous times, USD/CHF is once again approaching this line. Can we expect a bearish trend to follow?
