Either a rebound or a breakout imminent on USDCHF

Past performance is not an indicator of future results.
USDCHF is heading towards the resistance line of a Channel Down. If this movement continues, we expect the price of USDCHF to test 1.0112 within the next 14 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.

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