FXStreet (Edinburgh) - According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair’s downside appears sustained around 0.9828. Key Quotes “USD/CHF failed last week at the 61.8% retracement at 1.0121”. “We view near term weakness as corrective and ideally we will see the 3 month uptrend at .9828 hold the downside”. “Below here lies the 200 day ma at .9671 and if reached, we should see this hold”. For more information, read our latest forex news.