USD/CHF has broken through a line of 0.9797 and suggests a possible movement to 0.9830 within the next 7 hours. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 2 days.
Big movement possible on USD/CHF after a breach of 0.9797
