Looks to test last weeks highs at 0.9987-898 area
The USDCHF is continuing its race higher as the dollar comes under pressure over the last few minutes. The USDCHF was already running higher continuing the run higher after testing the 100 and 200 day MAs just yesterday down near the 0.9900 level.
The pair had highs last week at 0.9987-898. We are testing those levels now. A break will pressure the natural parity level at 1.0000. You never can discount that level where sellers might look to catch a high.