By CountingPips.com
USDCHF: The US dollar gained against the Swiss franc for third consecutive week and looks poised to retest the highs of the year. The USD/CHF currency pair trades over the 0.9600 level currently. Watch for near-term resistance around the 0.9650 exchange area while potential support looks to be found into the 0.9585 — 0.9600 area before the key support level of 0.9550 comes into play.
Written by Zac Storella, CountingPips Forex Blog & Currency Pair Technical Analysis
