FXTechstrategy

USDCHF Retains Broader Upside Bias, Eyes 1.0094 Region

Long
FX:GBPUSD   British Pound / U.S. Dollar
USDCHF retains broader upside bias with eyes is key resistance located at 1.0094. Further out, resistance resides at the 1.0150 level where a breach will clear the way for more strength to develop towards the 1.0200 level. Above here, resistance comes in at the 1.0250 level followed by the 1.0300 level. On the downside, support lies at the 1.0000 level. A turn below there will open the door for more decline towards the 0.9950 level. And then the 0.9900 level. All in all, USDCHF faces further price strength with eyes on the 1.0094 and beyond.

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