The movement of USD/CHF towards the support line of a Rising Wedge is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 13 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
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If USD/CAD touches 1.3739 it may be time to take action.
The movement of USD/CAD towards 1.3739 price line is yet another test of the line it reached numerous…