USD/CHF ends the week with a loss of 0. 5 percent. If 1.0027 is not recovered, USD/CHF will confirm an upward wedge break at 200-day EMA at 0.9567. USD / CHF , rebounded from an intraday high of 1.01 7 in the North American session, but fell below 1.0000 to a daily low of 0.9961, as the Japanese government and the Bank of Japan (BoJ) accepted intervention in currency markets. . Yen down to USD/CHF. At the time of writing, USD/CHF is trading at 1.0003, holding parity. , USD/CHF PRICE LINE The daily chart at , USD/CHF illustrates that the pair has broken above the upper trend of a falling bullish wedge, although this was followed by BoJ intervention. As the BoJ hit the dollar, USD/CHF fell below the lower trendline of the growing wedge, opening the door for further losses. While USD/CHF pared some of its losses, most of it remains below the aforementioned trend line. So further steps are warranted. Hence USD/CHF would be the first support for parity. The breakdown below immediately shows the October 21 intraday low of 0.9961, followed by the 20-day exponential moving average (EMA) at 0.9928, which is ahead of 0.9900. On the other hand, if USD/CHF hits 1.0027, it would worsen a retest of 1.0100 as buyers have been targeting 1.01 7 since the beginning of the year.