We’ve seen a decent rally in this pair after the sharp move lower to 0.9140

Currently back up to 0.9245 but running into solid resistance around 0.9250

A break above 0.9255 should see an attack on the next highs seen previously at 0.9292

I ‘m hearing talk of decent sell interest at 0.9300

Failure to break up through 0.9255 signals a return to 0.9200 initially

Current USD demand generally should see it well supported on this move though.

USDCHF technical analysis 22 August 2013

USDCHF 22 August