Double Top: USD/CHF has been consolidating since finding resistance at around 0.9550. There was a slight spike above to 0.9566. Then after setting up support in the 0.9350-0.9380 area, it failed again to push above 0.9550. After the USD/CHF has been falling, ending this week below the 0.9350 pivot and thus with a completed double top. Levels: Looking down the 50% retracement of February’s rally is at 0.9293. Below that the next possible target/support would be around the 61.8% retracement leve of 0.9229, which has been seen as a support pivot going back to Sept. 2012. Below that we have a lot of demand around the ... (full story)