USD/CHF — breach of a trending support line that has been tested at least twice before.

USD/CHF has broken through the support line of a Rising Wedge technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 12 days and suggests a possible target level to be around 0.9681 within the next 3 days.

Note: These signals are sourced from Autochartist owned What2Trade. DormicoFX has a special permit to share and promote these signals. It is NOT allowed to use Autochartist material without their consent. To view the original signal and others, please visit THIS link.

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H Schmit - DormicoFX

H Schmit - DormicoFX

Founder and owner of DormicoFX. Welcome to our blog.