USDCHF is heading towards 0.8081 and could reach this point within the next 3 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.
If you’re short USDCHF you should be aware of the rapidly approaching level of 0.8081
