USD/CHF - Above Parity
USD/CHF remains strong as can be seen by the new highs above the resistance at 1.000. Monitor the resistance at 1.0240. Hourly supports can now be found at 0.9831 (24/12/2015 low) and 0.9732 (06/03/2015 low).
In the longer-term, the bullish momentum in USD/CHF has resumed after the removal of the EUR/CHF floor. The break of the key resistance at 0.9554 (16/12/2014 low) opens the way for a further rise towards the other key resistance at 1.0240 (14/01/2015 high). A key support can now be found at 0.9374 (20/02/2015 low, see also the 200-day moving average).