The pair came out of the falling wedge and keeps trading above that breakout level. The support level is between 0.8898-0.8895 levels. A day close below 0.8895 leads to another fall to 0.8860, 0.8828 and 0.8770 levels. If the pair holds the 50-day Sma at 0.8895, it can shoot up to 0.9157 levels. On the resistance side, it has a strong resistance zone at 0.8967, 0.9013 and 0.9040. We expect the strong momentum will be only above 0.9013 levels. It made a double top at 0.9013 on a weekly basis, as of now. We can expect USD/CHF to move above 1.0 over a year.
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