The USDCHF advance from 96.47 is nearing potentially major resistance from a Fibonacci confluence and former congestion area.
The 61.8% of 1.2566-.9647 is at 1.1453 and the 161.8% extension of the .9647-1.0624 rally is at 1.1590. The December 2007 high is at 1.1594. Like the GBPUSD, yesterday’s inside day warns of a change in trend.
