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USD/CHF – approaching a resistance line that has been previously tested at least twice in the past

USD/CHF is moving towards the resistance line of a Rising Wedge. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 20 days and may test it again within the next 3 days.

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Trade of the Day:  EUR/USD

Trade of the Day: EUR/USD

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A quick move expected on US30 as it starts approaching a support line of a Channel Up

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