Quotes from Societe Generale Cross Asset Research:
-USD/CHF is breaking above a nearly horizontal trend line resistance since 2010. The pair is likely to inch higher towards 2012 highs of 0.9980/1.00.
-However, weekly stochastic indicator is hovering close to a resistance and further up move is likely to be slow in nature. For the day, the pair will face immediate resistance at 0.9910.
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