USD/CHF could struggle around 1.0035/75 – Commerzbank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    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”.
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