Either a rebound or a breakout imminent on EURCHF

EURCHF is heading towards the support line of a Rising Wedge. If this movement continues, we expect the price of EURCHF to test 1.1403 within the next 3 days. 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.