HALISTER1: USD/CHF ALERT: Strongest Since June, Approaching Parity

USD/CHF ALERT: Strongest Since June, Approaching Parity

(Bloomberg) -- USD/CHF rising into cluster of daily highs in 0.9950-0.9956 area from May-July period this year; now up 0.3% to 0.9952.
  • Pair last touched 1.00 in March
  • Resistance: 1.0000, psychological; 1.0093, March 10 high; 1.0257, Jan. 29 high
  • NOTE: Mark Cranfield is an FX strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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