FXstreet.com (Buenos Aires) - USD/CHF broke above 1.0320 resistance area, triggering some upside momentum in the hourly chart. Pair has been capped under that level since past Monday, so consolidation around current level will suggest some further upside continuation.

With hourly indicators turning slightly bullish, next resistances in the short term for the pair come at 1.0350 and 1.0390 zone. Clearly above 1.0420 will suggest more upward continuation ahead of next week. Intraday supports come at 1.0320, followed by the 1.0280 area, and finally key 1.0250 weekly lows. A return to this zone, will deny previous perspective and turn the pair bearish in the mid term.

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