ElliottwaveSpecialist

USDCHF: 0.9200/29 is key level to watch

FX:USDCHF   U.S. Dollar / Swiss Franc
Positive risk sentiment and a recovery in the euro has taken USDCHF back towards recent lows, with support sitting at 0.9050.

The 0.92 level mentioned before has held fairly well, and any rallies back to this level should look to be sold into given the weakness in the dollar.

EURCHF meanwhile remains fairly range-bound, struggling to find momentum on topside moves.

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