Tue, 20 Nov 2012 08:43:24 GMT
USD/CHF weakens
USD/CHF was unable to get a foothold above the 200-day SMA last week and thus the currency couple looks inclined to soften even further. The nearest target resides at 0.9393, although it is expected to give in eventually and pave the way towards 0.9364/43. In the meantime, resistances at 0.9422/29 and 0.9452/76 should prevent prolonged surges.