USD/CHF continues to bump along the 0.91 level, and is currently trading at the 0.92 handle. The pair has seen strong support at this level, and looks set to find buyers at this point. The market looks well supported, and as such we are willing to buy on a break of the 0.9250 level. The move would signal an attempt to reach the 0.95 level, and possibly much higher. We still like this pair, and as long as the Swiss National Bank is willing to work against the Franc, we are not willing to sell.
Written by FX Empire