FXStreet (Edinburgh) - Karen Jones, Head of FICC Technical Analysis at Commerzbank, believes the pair could attempt a consolidative pattern after the rejection above the 1.0100 area. Key Quotes “USD/CHF failed last week to clear the 1.1120/25 recent high and Fibonacci retracement”. “While this looks likely to provoke some consolidation, provided dips lower are contained by the .9851 5 month uptrend then an upside bias is preserved”. “Initial support is the .9913 3 month uptrend”. For more information, read our latest forex news.