Technical analysis of USD/CHF for January 08, 2014
Overview: USD/CHF is consolidating with bullish bias after hitting one-month high 0.9099 Tuesday. The rate is supported by improved dollar sentiment; franc sales on buoyant EUR/CHF cross. But USD/CHF gains are tempered by franc demand on buoyant CHF/JPY cross. Daily chart is positive-biased as MACD and stochastics are bullish, although latter is at overbought; five-day […]