USD/CHF is heading towards a line of 0.9730. If this movement continues, the price of USD/CHF could test 0.9730 within the next 5 days. 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.
USD/CHF is approaching 0.9730. We expect either a breakout through this line, or a rebound.
