Daily Forex Update: USD/CHF

Propelled by the strength in the U.S. Dollar, the USD/CHF rallied higher as the Swiss Franc lost ground against a resurgent dollar. This rally has carried the 15-minute time frame to an intraday double top within the resistance of the Autochartist Forecast between 1.0604 and 1.0607 (F). The previous high at 1.0620 (F) was just six pips below the Wednesday high a 1.0628.