ISSN: 2056-3736 (Online Version) | 2056-3728 (Print Version)


USD/CHF: The pair closed strongly higher the past week leaving risk of further upside on the cards. On the upside, resistance resides at the 0.9662 level where a break will aim at the 0.9750 level. Further out, resistance resides at the 0.9800 level. A breather may occur here and turn the pair lower. Its weekly RSI is bullish and pointinmg higher supporting this view. On the downside, support lies at the 0.9600 level with a break targeting the 0.9550 level and then the 0.9500 level. Further down, support comes in at the 0.9450 level. All in all, the pair remains biased to the upside in the medium term.