14 November 2016, 18:09  USD/CHF tests the psychological 1.0000

USD/CHF climbed to test the psychological 1.0000 level at the beginning of the New York session, amid broad USD strength on hopes of fiscal stimulus and faster pace of Fed hikes following Trump’s victory in US presidential elections. USD/CHF extended gains into a fifth consecutive day on Monday and peaked at 1.0000. However, the dollar lacked determination to clear the psychological level and it was last trading nearby at 0.9993, still up 1.21% on the day. There is no first data scheduled for the New York session, with focus on Fed's members Lacker, Kaplan, and Williams speeches. As for technical levels, next resistances line up at 1.0000, 1.0039 and 1.10092 . On the flip side, supports are seen at 0.9858, 0.9820 and 0.9783

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