USD/CHF Mid-Day Outlook

USD/CHF’s fall from 1.0222 extends further to as low as 1.0071 in early US session and at this point, intraday bias remains mildly on the downside for 1.0032/34 support. As noted before, the corrective structure of the rise from 1.0034 to 1.0222 argues that USD/CHF’s down trend is still in…