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Either a rebound or a breakout imminent on USD/CHF

USD/CHF is heading towards a line of 0.9422. If this movement continues, the price of USD/CHF could test 0.9422 within the next 9 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.

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A final push possible on American Express Co. as it starts approaching a price line of 180.40.

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US30 – breach of a trending resistance line that has been tested at least twice before.

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