(14 AUGUST 2017)USD / CHF:Edging higher.

Edging higher.

(Yann Quelenn )

• USD/CHF is pushing higher. Resistance is 

given at at 0.9771 (15/06/2017 high). Hourly 

support lies at at 0.9584 (08/11/2017 low). 

Expected to to show further downside pressures 

towards 0.9500. 

• 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.