USDCHF – With the pair retaining its upside pressure, more strength is likely in the days ahead. On the downside, support lies at the 0.9350 level. A turn below here will open the door for more weakness towards the 0.9300 level and then the 0.9250 level. On the upside, resistance resides at the 0.9400 level where a break will clear the way for more strength to occur towards the 0.9450 level. Further out, resistance comes in at the 0.9500 level. Above here if seen will turn attention to 0.9550. Its daily RSI is bullish and pointing higher suggesting more strength. All in all, USDCHF faces further upside pressure.
