USD/CHF continues to rise after the recent breakout of the daily Falling Wedge chart pattern identified by Autochartist – as you can see from the following trade opportunity alert for this currency pair. USD/CHF is expected to rise to the target level 0.9532 in the next 6 trading days. The pair would need to break above the resistance level 0.9397 (point B) in order to reach this target level. The stop-level for this forecast is set by Autochartist at 0.9146 (point A). This point formed close to the strong resistance level 0.9150 (which previously reversed the pair sharply up in June of this year, as you can see on the second chart below). The upward-sloping moving average confirms this forecast.
The following daily USD/CHF chart shows the aforementioned support levels: