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USDCHF based ahead of $0.9715..........>

DOLLAR-SWISS
DOLLAR-SWISS: USDCHF based ahead of $0.9715 yesterday and was generating
oversold conditions on the 14-day RSI, as highlighted in our MNI Analysis email
(USDCHF Based Ahead of Trendline Support). A sharp recovery off the low squeezed
through Chf0.9800 to extended recovery highs of Chf0.9845, before fading.
Topside resistance remains at Chf0.9873 from the 38.2% retracement level of
Chf1.0128-0.9716, a break opens the 100 & 200-dma's at Chf0.9880/91. Last
Chf0.9826.  

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