CAD/CHF is approaching 0.6519. We expect either a breakout through this line, or a rebound.

Should we expect a breakout or a rebound on CAD/CHF?
CAD/CHF is moving towards a line of 0.6519 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If CAD/CHF continues in its current trajectory, we may see it move towards 0.6519 within the next 3 days.

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