• The Swiss Fracnc is extending losses, taking the USD/CHF pair higher
  
  
• The pair is currently trading at 0.9495, just below the 0.95 handle
  
  
• Daily price action is back inside the cloud and slow stochs are flat ahead of overbought levels
  
  
• 200 DMA by 0.9520 is seen as strong resistance, breaks above could take the pair to 0.9543 (May 27 high)

Resistance Levels:

R1: 0.9504 (30 DMA Upper Bollinger)

R2: 0.9516 (Daily High Jul 7)

R3: 0.9528 (200 DMA)

Support levels:

S1: 0.9415 (200 HMA)    

S2: 0.9400 (Daily Low Jul 3)

S3: 0.9359 (Daily Cloud Base)