FXStreet reports that analysts at Credit Suisse appraise that the USD/CHF pair saw a close above the crucial 200-day average, to suggest further strength with resistance seen next at 0.9192/9208.

“We shift our immediate bias towards further upside, with scope for 0.9192/9208 – the cluster composed of the key November highs and the 38.2% retracement of the 2020 fall – where we would expect to see another attempt to cap.” 

“Above 0.9208 in due course though would suggest a much deeper correction higher, with resistance initially seen thereafter at 0.9229, then more importantly at 0.9296/9302.”