$USDCHF

USDCHF closed sharply lower on Thursday as it consolidated some of the rally off last July's low. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. 

Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing at .10867 would confirm that a short-term top has been posted. If March renews this winter's rally, weekly resistance crossing at .11119 is the next upside target.

First resistance is last Friday's high crossing at .11090. 

Second resistance is weekly resistance crossing at .11119. 

First support is the 20-day moving average crossing at .10867. 

Second support is January's low crossing at .10657.