Either a rebound or a breakout imminent on EURCHF

Past performance is not an indicator of future results.
EURCHF is heading towards a line of 1.0762. If this movement continues, we expect the price of EURCHF to test 1.0762 within the next 8 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.