Like the EURUSD, the USDCHF may have resumed its longer term trend towards USD strength. Near term, bulls are in control as long as price is above 1.2222. Price is nearing former resistance at 1.1350, which should now hold as support.
Like the EURUSD, the USDCHF may have resumed its longer term trend towards USD strength. Near term, bulls are in control as long as price is above 1.2222. Price is nearing former resistance at 1.1350, which should now hold as support.