USD/CHF Increasing

USD/CHF is trading higher. The bearish bias seems to dissipate. Hourly support is given at 0.9533 (19/01/2018 low) and hourly resistance remains at 0.9668 (18/02/2018).

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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