Technical analysts at Commerzbank note that although the greenback is likely to rise to 0.9646 trading versus Swiss franc, it may be temporarily constrained by the 0.9599 level.

The specialists note that last week the pair USD/CHF once again rebounded from the 0.9300 zone strengthening support at these levels. As a result, it became more likely that the market has based ahead of 0.9318.

According to Commerzbank, in the longer term the pair will be trying to base and rebound to 0.9784 and then 1.0067.



Chart. USD/CHF

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