USD/CHF probing the key 0.9000 area

USD/CHF Daily

USD/CHF Daily

The USD/CHF has played mirror image to the EUR/USD and is now foaming at the bit just below the key 0.9000 level. With the expectation that the SNB will be loath to allow EUR/CHF to make too close an approach to its line in the sand at 1.2000 the USD/CHF pair has come alive.

There will be stops above 0.9000, the next decent resistance will be ahead of sell orders at 0.9040/50

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