Commentary of the USD/CHF parity :

The bearish slant has been broken and then, the break out of 1.0650 gave us a buy signal. We advise now to trade only long positions as far as  this level is supprot. The parity is currently testing the upper band of a former bearish channel (purple line) and the break out of this line will give a new buy signal which should be confirmed by the break out of 1.0750 (61.80% fibonacci retracement). However, if 1.0650 is broken, we will stay neutral on the parity.

See the previous analysis of the USD/CHF parity of March 24, 2010