Breach of important price line imminent by USD/CHF
USD/CHF is moving towards a line of 1.0074 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If USD/CHF continues in its current trajectory, we can expect it to reach 1.0074 within the next 7 hours.
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