FXStreet reports that the Credit Suisse analyst team notes that USD/CHF needs to hold above 0.9142/33 in order to avoid triggering a small top and open up a move and eventual break above 0.9264/75.

“We look to hold above 0.9142/33 and for an eventual close above 0.9264/75 in due course, which would further reinforce the case for a move higher within the 2021 range over the next 1-2 months.” 

“The next resistance above 0.9264/75 is seen at 0.9300/05, before the 78.6% retracement at 0.9356.” 

“Near-term support stays at 0.9142/33, which as above ideally holds to keep the risks directly higher.”