Further to my earlier post a combo of risk-on and post-GDP USD strength has finally been enough for this pair to break up through strong sell interest that has kept it at bay for a while.

Stops through 0.9310 not triggered though and we’re back at 0.9296 after 0.9308 highs

Jury still out imho and one to keep a beady eye on as ever

USDCHF M1 chart 29 August 2013

USDCHF M1 29 August