Bullish breakout.
(By Yann Quelenn )
• USD/CHF is clearly in a strong bullish
momentum. The technical structure suggests an
improving short-term buying interest. Expected
to show continued bullish pressures within
uptrend channel. Hourly support stands at
0.9712 (12/10/2017 low).
• 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
