FXstreet.com (Barcelona) - The Dollar has retreated against most majors today, the Dollar Swiss franc remains on the upside, according to the ActionForex Technical Team: USD/CHF retreats mildly after climbing further to 1.0446 earlier today. Though, intraday bias remains on the upside as long as 1.0346 minor support holds. Recent developments argues that fall from 1.0623 has possibly completed with three waves down to 1.0147.
From now on, the ActionForex Technical Team advances some more appreciation for the USD: Further rally should be seen towards 1.0526 resistance. Break will confirm this case and bring retest of 1.0623 resistance first. On the downside, below 1.0346 will turn intraday outlook neutral first.