FXStreet (Edinburgh) - Axel Rudolph, Senior Technical Analyst at Commerzbank, sees the likeliness of the pair to test the 1.0295/1.0328 area. Key Quotes “Last week USD/CHF rose above the 1.0212/78.6% retracement and thus has the 1.0295 and the 1.0328 recent highs in focus”. “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.