FXStreet (Edinburgh) - According to Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair remains on track to a potential visit of the 1.0295 level. Key Quotes “USD/CHF tested but is still being capped by the 1.0212/78.6% retracement, which remains the break point towards 1.0295 and the 1.0328 recent high”. “A close above this latter level will introduce scope to 1.0732 longer term, the 78.6% retracement of the move from 2010 to 2011. Dips are indicated to hold circa 1.0135/1.0100”. For more information, read our latest forex news.