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Daily technical outlook for USD/CHF: Societe Generale

Wednesday, February 25, 2015 10:10 AM UTC

Quotes from Societe Generale Cross Asset Research:

-USD/CHF retraced after testing resistance at 1.00/1.02. The pair pierced below last year lows of 0.87/0.8570 and has reintegrated within a multiyear channel.

-With daily indicators at resistance the rebound in the pair should be limited in nature and should find resistance at 0.9550/0.9650, the 76.4% retracement from January highs.

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Daily technical outlook for USD/CHF: Societe Generale

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