$USDCHF

$USDCHF closed higher due to short covering on Monday as it consolidated some of last week's decline. The high-range close sets the stage for a steady to higher opening when Tuesday's night session begins trading.

Stochastics and the RSI are bearish signaling that sideways to lower prices ar  possible near-term. Closes below the 20-day moving average crossing at .10716 would confirm that a short-term low has been posted. If March renews the rally
off November's low, October's high crossing at .10874 is the next upside target. 

First resistance is November's high crossing at .10842. 

Second resistance is October's high crossing at .10874. 

First support is the 20-day moving average crossing at .10716. 

Second support is November's low crossing at .10555.