USD/CHF broke above both 200 DMA and 0.98 last week and touched 2017 trendline but sellers were waiting and took the pair back below both levels. 0.97 is the next target and then 100 and 50 DMA near 0.965. The mentioned 0.98 level should hold while sellers remain in the driver's seat.
USD/CHF broke above both 200 DMA and 0.98 last week and touched 2017 trendline but sellers were waiting and took the pair back below both levels. 0.97 is the next target and then 100 and 50 DMA near 0.965. The mentioned 0.98 level should hold while sellers remain in the driver's seat.