(08 JANUARY 2018)USD / CHF:Short-squeeze.

(08 JANUARY 2018)USD / CHF:Short-squeeze.

8 January 2018, 13:22
Jiming Huang



(Yann Quelenn)

• USD/CHF is trading slightly higher. Yet, the

technical structure indicates that further

weakness are possible. Expected to show further

short-term downside moves.

• 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.

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