USD/CHF Technical Analysis: Break of 1.0025 drive buyers toward 1.0100

• USD/CHF in taking bids near 1.0055 on the early Wednesday.
• On Tuesday, the pair successfully crossed 1.0020-25 resistance-region, comprising low marked on February 18 to the highs then after.
• As a result, quote’s upside to 1.0090 and then to the February month high near 1.0100 could become buyers’ favorites during further upside.
• In a case where prices keep rising past-1.0100, 61.8% Fibonacci expansion (FE) of January – February moves near 1.0160 could flash on Bulls’ radar.
• Should the pair slips under 1.0020, an upward sloping support-line at 1.0000 becomes important to watch as a break of which can recall 0.9980 and 0.9950 on the chart.
• Additionally, pair’s sustained downturn beneath 0.9950 might not hesitate to visit 50% Fibonacci retracement level at 0.9900.

USD/CHF 4-Hour chart