USDCHF is heading towards the resistance line of a Channel Up. If this movement continues, the price of USDCHF could test 0.8831 within the next 5 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
USDCHF formed a Channel Up on the 30 Minutes chart. Retest of resistance in sight.
