Either a rebound or a breakout imminent on USDCHF

USDCHF is heading towards a line of 0.9506. If this movement continues, the price of USDCHF could test 0.9506 within the next 16 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.

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