USD/CHF: Consolidating below 0.9900 – Commerzbank
|USD/CHF continues to ease back from 0.9900. Karen Jones, Team Head FICC Technical Analysis Research, analyzes the USD/CHF pair from a technical perspective.
Key quotes
“Dips lower should remain contained by 0.9675/0.9613 (January low) for an upside bias to remain entrenched.”
“Above 0.9900/20, the market is capable of further gains to 1.0023/28, the October and November highs.”
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