USDCHF – Daily Forex Technicals by

UsdChf is trading inside a consolidation patter for the last couple of days, between 0.99 and 1.01. The pair found support between a descending trendline connecting lower highs and an ascending trendline that connects higher lows starting with the record low established on March 17 at 0.9935. A break outside this pattern should open the grounds for a bigger move but until we see that one can expect another test of the .9950-1.00 support area