USD/CHF Update – 18/12/2017 (10:30am) – by Arjun Lakhanpal
December 18, 2017USD/CHF Update – 18/12/2017 (10:30am): USD/CHF spent much of last week consolidating below the 78.6% retracement at .9975. Above here lies the 1.0015 resistance line and the 1.0039 recent high. It guards 1.0100/08 the April and May highs and the 1.0145 78.6% retracement. Longer term this is considered to be the last defense for the 1.0335 January 2017 high.