The breakout of USD/CHF through the 0.8900 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, USD/CHF could test 0.8874 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
USD/CHF has broken through a level it has tested 5 times in the recent past.
