Technical analysis of USD/CHF for May 11, 2017

Overview: The USD/CHF pair continues to move upwards from the level of 1.0033. Today, the first support level is currently seen at 1.0033, the price is moving in a bullish channel now. Furthermore, the price has been set above the strong support at the level of 1.0033, which coincides with the 61.8% Fibonacci retracement level. […]