May be time to take a little breather
The USDCHF moved higher after the EURUSD tumble lower. That move took the price up to a old trend line that helped define a wedge back in mid August. That level comes in at 0.9757. It proved to be a level that slowed the rise. Earlier the price broke above a trend line at 0.9716 level and this will be eyed as a risk level for longs now.
Forex technical analysis: USDCHF peaks against trend line. Break time?
