Not sure why that level has been so sturdy (barrier defense?) but the 1.0060/65 area continues to prop USD/CHF. We reached 1.0072 on this latest push to the downside.

If that level is broken, the 0.9960 low dating back to December of last year comes into view.

The all-time low at 0.9910 is below that level…

9-13 chf