USD/CHF has broken through a line of 0.9936 and suggests a possible movement to 0.9879 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement […]

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USD/CHF is heading towards a price line of 0.9951 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see […]

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By: Dima Chernovolov USD/CHF continues to fall inside the hourly Rectangle chart pattern which was identified previously by Autochartist. Autochartist rates the quality of this Rectangle at the 6-bar level – which reflects the slow Initial Trend (1 bar), strong Uniformity (9 bars) and substantial Clarity (8 bars). USD/CHF is expected to fall further inside […]

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