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USD/CHF - Bullish!!

USD/CHF is pushing higher and bullish momentum continues. Hourly resistance at 0.9913 (16/03/2016 high) has been broken while a break of strong support located at 0.9652 (06/05/2016 low) would confirm significant selling pressures. Expected to show continued strengthening.

In the long-term, the pair is setting highs since mid-2015. Key support can be found 0.8986 (30/01/2015 low). The technical structure favours a long term bullish bias.

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