0
60
Consolidating before a likely another leg
higher.
(Yann Quelenn )
• USD/CHF is pausing. Hourly support can be
found at 0.9439 (21/07/2017 high). Strong
resistance is given at 0.9771 (15/06/2017 high) is
on target. Expected to to show further
strengthening.
• In the long-term, the pair is still trading in
range since 2011 despite some turmoil when the
SNB unpegged the CHF. Key support can be
found 0.8986 (30/01/2015 low). The technical
structure favours nonetheless a long term bullish
bias since the unpeg in January 2015.