USD/CHF has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 34 days and suggests a possible target level to be around 0.8836 within the next 5 days.
USD/CHF broke through a support at 2023-11-14T14:00:00.000Z, with the price momentum continuing to move in an downward direction over the next hours, good opportunity presents itself with the price expected to reach 0.8836.
