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


USD/CHF: With USDCHF unable to follow through higher on the back of its previous week, it faces the risk of a pullback in the new week. On the upside, resistance resides at the 0.9200 level where a break will aim at the 0.9250 level. Further out, resistance resides at the 0.9300 level. A breather may occur here and turn the pair lower. On the downside, support lies at the 0.9150 level with a break targeting the 0.9100 level and then the 0.9050 level. Further down, support comes in at the 0.9000 level. A cut through here will target the 0.8950 level. All in all, the pair remains biased to the upside in the medium term though facing corrective risk.