Price rallied and resumed the upside movement as the USD was pushed higher by the USDX’s rally. USD/CHF jumped much above the 0.9787 static resistance and could reach the median line (ml) of the ascending pitchfork in the upcoming days.
The rate reached the 0.9835 previous high, but failed to pass above it, I’ve said in the previous reports that we may have a minor consolidation above the 0.9787 level before the rate will jump much higher.
