U.S. dollar weakness and euro strength seem to be two main reasons for Swiss franc outperformance despite positive risk sentiment in the recent weeks. Also, the franc has been stable against the euro, so there's no need for a SNB intervention yet.
The pair (USD/CHF) is currently holding just above 2011 - 2015 trendline (excluding January 2015) which is reinforced by 100 week SMA and 0.95 level. 0.9650 level shall now act as a resistance.
The pair (USD/CHF) is currently holding just above 2011 - 2015 trendline (excluding January 2015) which is reinforced by 100 week SMA and 0.95 level. 0.9650 level shall now act as a resistance.
