USD/CHF: With the pair recovering strongly on Wednesday and retaining that bias, further bullishness is envisaged. On the downside, support lies at the 0.9600 level. A turn below here will open the door for  more weakness towards the 0.9550 level and then the  0.9500 level. Its daily RSI is bearish and pointing  lower supporting this view.

On the upside, resistance  resides at the 0.9700 level where a break will clear  the way for more strength to occur towards the  0.9750 level. Further out, resistance comes in at the  0.9800 level. All in all, USD/CHF remains biased to  the upside on further correction.