USDCHF broke below 1.0932 key support, and formed a short term cycle top on 4-hour chart. The rise from 1.0729 completed at 1.1105 level. Further pullback to test the previous low support at 1.0729 is expected after consolidation. Key resistance is at 1.1105, only break of this level will signal the resumption of the up trend.
http://blog.forexcycle.com/702/short...s-feb-18-2008/