By ForexMansion.com
The USD/CHF pair rose today, although it certainly cannot be considered a buy at these levels. In fact, it simply seems to be ready to retest the 0.92-0.93 levels, which would be a preferred selling point. There is no real case or signal to buy this pair at the moment, as continued franc buying seems to be in the cards. A break above 0.93 would be necessary to even begin the conversation of buying this pair. A failure at 0.92 or 0.93 is expected, and present a classic break out, then retest set up.