FXStreet (Edinburgh) - Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the pair’s upside bias unchanged while above 0.9862. Key Quotes “USD/CHF failed last week to clear the 1.0120/25 recent high and Fibonacci retracement”. “While this looks likely to provoke some consolidation, provided dips lower are contained by the .9862 5 month uptrend then an upside bias is preserved. Initial support is the .9926 3 month uptrend”. For more information, read our latest forex news.