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USD/CHF has broken through the support line of a Support. It has touched this line numerous times in the last 17 days.

USD/CHF has broken through the support line of a Support. It has touched this line numerous times in the last 17 days. This breakout shows a potential move to 0.9879 within the next 3 days. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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We expect a $453.74 movement on USDCHF within 12 hours following the event release at 30 Oct 12:15.

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