The breakout of USDCHF through the 0.8644 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, USDCHF could test 0.8619 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
USDCHF is currently testing a level of 0.8644. Will the breakout continue or will things reverse?
