USD/CHF Technical Analysis- Prices are pushing higher to test resistance in the 0.9558-89 area, marked by the 38.2% Fibonacci expansion and the underside of a formerly broken rising trend line. A push above that targets the 50% level at 0.9622. Near-term support is at 0.9479, the 23.6% expansion, with a reversal back beneath that eyeing 0.9382.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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