USDCHF currency pair recently broke the resistance area lying between the resistance level 0.90500 (former strong resistance from the start of February), resistance trendline of the daily up channel from January and the 61.8% Fibonacci correction of the downward impulse (i) from the start of November. Given the strength of bearish Swiss franc sentiment seen across the FX markets today – USDCHF currency pair is likely to rise further toward the next resistance level 0.91800 (monthly high from November and the target for the completion of wave (ii)).