| USD/CHF - Bearish Consolidation Above 1.1000 Posted: 24 Jun 2010 08:33 AM PDT  Price action on USD/CHF, a daily chart of which is shown, has consolidated right above key support in the important 1.1000 price region after bouncing up off this level on Monday. The past couple of weeks have been extremely bearish for this currency pair, as the Swiss franc has strengthened dramatically. Currently, as of Thursday (6/24/2010) morning, USD/CHF is in a bearish holding pattern just above 1.1000. For more technical analysis on this currency pair, please click here for Thursday’s (6/24/2010) Chart of the Day.
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