USD/CHF is heading towards a line of 1.0099. If this movement continues, we expect the price of USD/CHF to test 1.0099 within the next 18 hours. But don’t be so quick to trade, 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.
USD/CHF is quickly approaching 1.0099. We expect either a breakout through this line, or a rebound.
