USD/CHF is turning negative after breaking hourly resistance at 0.9469 (24/01/2018 high) and currently trades in the 0.9350 range. Heading further down along the 0.93 range. Hourly support and resistance are now given at 0.9188 (16/02/2018 low) and 0.9520 (24/01/2018 high). The technical structure suggests short-term decrease.
In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support lies at 0.9072 (07/05/2015 low) while resistance at 1.0344 (15/12/2016 high) is distanced. The technical structure favours a long term bullish bias since the unpeg in January 2015.
 and currently trades in the 0.9350 range. Heading further down along the 0.93 range. Hourly support and resistance are now given at 0.9188 (16/02/2018 low) and 0.9520 (24/01/2018 high). The technical structure suggests short-term decrease.){kind=link}