FXstreet.com (Barcelona) - The Dollar has bounced up agaist the Swissy today, recovering all the ground lost on Friday. The ActionForex Technical Team affirms: USD/CHF's rebound extends further to as high as 1.0483 today. Being supported above mentioned 1.0301 support and break of 1.0473 resistance revives the original case that correction 1.0623 has completed with three waves down to 1.0147.
The intraday bias, according to the ActionForex Technical Team is on the upside: Intraday bias is now on the upside for 1.0539 resistance first. Further break of 1.0623 resistance will confirm this case and bring rise towards 1.0890 medium term support turned resistance.