We have NFP today and is a great day for us to see a important breakout. So, I was checking my charts now and I found this USD/CHF weekly and daily charts which shows us that we are very very close to a breakout, especially if we close the week above these trend lines:
Weekly:
Daily:
Let's see if we can close the week above 0.9815. IF it does, than we can see a breakout come into play and we can look for 1.0700.
By Thiago Duarte
Chief Strategist at Duarte Investment Group
thiago@duarteinvestmentgroup.com
@thiagotrader
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