USD/CHF has broken the key resistance at 0.9449 (25/01/2018). Even if the declining trendline remains thus far intact, further strength towards the resistance at 0.9573 (17/02/2018) favoured. Hourly supports now stand at 10.9352 (intraday low).
In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Support at 0.9259 (24/08/2015 low) is attainable. Key support remains at 0.9072 (07/05/2015 low) while resistance at 1.0344 (15/12/2016 high) is distanced. The technical structure favours a long term bullish bias since the unpeg in January 2015.