USD/CHF Technical Analysis- Prices broke resistance at 0.9475, the 61.8% Fibonacci expansion, exposing the 76.4% mark at 0.9521. Continued gains above that aim for the 100% level at 0.9596. The 0.9475 has been recast as near-term support, with a drop back below that eyeing the 50% Fib at 0.9437.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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