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5 Feb 2016
USD/CHF could struggle around 1.0035/75 – Commerzbank
In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, occasional bullish attempts in the pair could find resistance around 1.0035/75.
Key Quotes
“USD/CHF has sold off aggressively to the 5 month uptrend at .9925, this together with the .9903 August high should hold the initial test”.
“Intraday dips are indicated to struggle circa 1.0035/75. These guard the 1.0256/95 recent highs”.
Key Quotes
“USD/CHF has sold off aggressively to the 5 month uptrend at .9925, this together with the .9903 August high should hold the initial test”.
“Intraday dips are indicated to struggle circa 1.0035/75. These guard the 1.0256/95 recent highs”.