USD/CHF focus is now on the 1,0140 – Commerzbank

FXStreet Karen Jones, head of FICC Technical analysis at Commerzbank, notes that the USD/CHF its focus on the 1,0140 shifted.

Important Quotes

«The USD/CHF has broken through the 2017 line of resistance of 1,0039 and so the focus is shifted to the High of 7. March 1,0140 and this year’s High of 1,0335. Pullbacks to the bottom should be stopped in the area of 1,00/1.0035.”

“Under targets 0.9850 the 0,9814, and including, the next goal is the 78,6% Retracement of 0,9720.”

** FXStreet News Editorial, FXStreet**

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