USDCHF is heading towards 0.8183 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Downward sloping Moving Average
Target: 0.8183 Entry: 0.8229 Stop: 0.8286

