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USD/CHF closed lower on Monday and the low-range close sets the stage for a steady opening on Tuesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. If it extends the rally off August's low, the 75% retracement level of the 2010-2011-decline crossing is the next upside target. Closes below the 20-day moving average crossing are needed to confirm that a short-term high has been posted.