This thing has a MASSIVE multi-year base formed on it, and after a couple of failed attempts to crack through 1.00 upside, it is very close to breaking the tops of those failed attempts to a fresh multi-year high.
All it would take now is one long daily candle around here to likely kick off a Multi-Year Advance.....
Too lazy to go through the hoops to post an image.
Set this chart to weekly or monthly, and it gives a pretty good idea how important this level is, and good look at the base...
https://www.dailyfx.com/usd-chf
Edited by K Wave, 30 October 2018 - 01:45 PM.