USD-CHF @ 0.8841/44...21-DMA Resistance at 0.8896 R: 0.8896 / 0.8950 / 0.9000 S: 0.8800-8770 / 0.8718 Contrary to our expectation, Dollar-Swiss failed to extend its downmove and has bounced back well above 0.8800 during the day. The 21-DMA (currently at 0.8896) will be an important Resistance level to be watched and a strong break/close above this Resistance region will have to be seen to ease the downside pressure. While below this 21-DMA Resistance, the chances of testing the 200-DMA...
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