USDCHF targets more recovery on price halt. This development leaves the pair targeting resistance at the 1.0000 level. A break will clear the way for more gain towards the 1.0050 level. Above here, resistance comes in at the 1.0100 level and then the 1.0150 level. On the downside, support is seen at the 0.9950 level. A turn below there will set the stage for more decline towards the 0.9900 level. And then the 0.9850 level. All in all, USDCHF faces further price corrective recovery threats.
