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We highlighted earlier in the week.....>

DOLLAR-SWISS
DOLLAR-SWISS: We highlighted earlier in the week that USDCHF had breached down
trendline resistance, putting focus back on the 100-dma, 200-dma & 50%
retracement level at Chf0.9922. (See MNI Analysis email - Extending The Uptrend
- Jan 15 1302GMT). USDCHF improves to Chf0.9943 and is registering gains of
2.45%, off its Jan 10 low (See MNI Analysis email - Based Ahead of Trendline
Support - Jan 10 1133GMT). Next resistance is seen at Chf0.9968/71 from the Dec
28 low & 61.8% retracement of Chf1.0128-0.9716, expect resistance behind through
Chf1.0000/10, a level that has previously registered a series of highs. Last
Chf0.9938.   

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