USDCHF: With the pair rallying to close higher the past week, it now faces further bullish offensive. Resistance resides at the 0.9717 level with a breach targeting the 0.9750 level. A breather may occur here and turn the pair lower but if taken out, expect a push higher towards the 0.9861 level. On the downside, support comes in at the 0.9550 level. A turn below here will open the door for more weakness to occur towards the 0.9500 level and then the 0.9450 level. A cut through here will open the door for additional weakness towards the 0.9400 level. All in all, the pair remains biased to the upside on further strength.
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