Either a rebound or a breakout imminent on USD/CHF

Either a rebound or a breakout imminent on USD/CHF
USD/CHF is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of USD/CHF could test 1.0089 within the next 5 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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