By FX Empire.com
USD/CHF continued to rise this past week as the world buys Dollars. The safe haven trade is helping push this pair higher as the Swiss National Bank is currently working against the value of the Franc. The pair should continue to rise over time, and a breaking of the 0.93 level would actually constitute a trend change as it shows a higher high. We like buying dips, and if we get above the 0.93 area, might even hold onto longs in this pair for quite some time going forward.
Originally posted here
