USDCHF has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 13 days and suggests a possible target level to be around 0.7890 within the next 2 days.
If you’re long USDCHF you should be aware that 0.7950 has just been breached – a level tested 3 time in the past
