Comments and forex-analytics from FBS Brokerage Company - page 40
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UBS: comments on USD/CHF
US dollar went up from the record minimums versus Swiss franc in the 0.8325 area hit at the beginning of the week getting above 0.8400.
Technical analysts at UBS note that USD/CHF upward move was caused by general strengthening of the greenback. In their view, however, the near-term outlook remains bearish as long as US currency is trading below 0.8500.
According to the bank, key support levels are found at 0.8327 and 0.8300.