USD/CHF is running into offers again as the following technical analysis will illustrate. Meanwhile, the US Dollar rose against most major peers on Wednesday and was 0.22% higher on the day printing a high of 102.78 at one point. Nevertheless, the CHF ran into offers and stays bearish as follows: {chart} The 5-minute charts show the price moving lower into bearish territory again after the break of structure, BoS, from the prior day. {chart} The resistance on the hourly chart shows that the price is being resisted. {chart} The M-formation is bearish with the price struggling at the neckline resistance. {chart} The ... (full story)