May 14, 2013
USD/CHF allow for consolation 96.00 - Commerzbank
FXstreet.com (London) - The USD/CHF has been treading water below 96.00. Analyst, Karen Jones, said it has so far been halted by the.9630 200 week ma and that the market has not been above here since June 2010. She is allowing for some consolidation here and bullishly explains that this is likely to act as the break point for the .9950/1.000 long term resistance.