FXStreet (Edinburgh) - According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could see a small pullback prior to a continuation of its upside. Key Quotes “USD/CHF is now pushing hard into key resistance offered by the 2001-2015 downtrend at .9855”. “We have seen a small erosion of this zone but we note the 13 count on the 240 minute chart, which suggests a small retracement ahead of further gains”. “The intraday Elliott counts are suggesting dips lower will now hold over .9780/25”. For more information, read our latest forex news.