USD/CHF broke through the 0.95 level on Wednesday as the world still continues to buy the Dollar while avoiding a conflict against the Swiss National Bank and their distaste for Franc appreciation. The move recently has been a bit overdone, and a pullback will be more than likely end up being a chance to buy this pair. 0.93 was once resistance, and now it should be support at this point. We are looking to buy pullbacks at this point, and will not sell.
Written by FX Empire