USD/CHF: Important resistance at 1.0800
The upside rally stopped at 1.0800; for the pair to rally further will need either a intervention on the Swiss National Bank or a bigger decline in stock markets. If pair holds at current levels, hourly indicator will favor corrective moves. A break below 1.0740 should send the pair to 1.0695; further downside could find support 1.0640. Above 1.0770 pair could test the 1.0800 zone. Only above it could rise further to 1.0835.