FXStreet (Edinburgh) - Karen Jones, Head of FICC Technical Analysis at Commerzbank, argues the pair’s outlook remains bullish above the 1.0145/22 area. Key Quotes “USD/CHF no change, the market recently charted a new high for this year (we did not see a weekly close above 1.0295 however)”. “It is also important to note that the daily RSI has not confirmed the new high and we have a 13 count on the daily chart – both are a warning signal that the market is likely to correct”. “The market remains immediately bid above the 1.0145/22 19th and 24th November lows. We have an intraday Elliott wave count, which is suggesting that we will see a correction back into the 1.0200 band ahead of another leg higher”. For more information, read our latest forex news.