USD/CHF Current price: 1.0241US Dollar Swiss franc Had Moved Higher Out Of Its Rest Zone.
We had a powerful upward move from the European close last night.
Moving averages are in order to buy (Blue / Red / Black) and apart from the RSI hitting the 66 mark, all oscillators are showing a bullish bias.
We have come up against some resistance at 1.0250 (showing two spikes) and need to clear that level to continue the ride up toward the top of the large channel (1.0326) A move below 1.0170 would negate that view.
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