USD/CHF Analysis USDCHF popped today on strong dollar sentime | A1 Trading Setups w/ Nick & Frank

USD/CHF Analysis
USDCHF popped today on strong dollar sentiment. Analysts anticipate a much hotter inflation number than last month which may prompt the Fed to stay aggressive towards USD. Dollar-Swiss starts the New York session with some upward pressure after coming up from the lows near a significant fib level on the 1D and 4H timeframe. The pair just crossed over the 50% level with some bullish upside while testing a double top in the 0.964s. The pair has around 50 pips before it hits another significant resistance level. Because of this, the pair may still have some room to run.