$USDCHF

USDCHF closed sharply higher on Thursday and above the 20-day moving average crossing at .10906 confirming that a short-term low has been posted. The high-range close sets the stage for a steady to higher opening when Friday's night session begins trading. 

Stochastics and the RSI are turning neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends today's rally, December's high crossing at .11026 is the next upside target. Closes below last Friday's low crossing at .10760 would confirm that a short-term top has been posted. 

First resistance is the reaction high crossing at .10998. 

Second resistance is December's high crossing at .11026. 

First support is last Friday's low crossing at .10760. 

Second support is December's low crossing at .10678.