A couple of big shops issued sell CHF recommendations earlier in the day but judging by the soggy close for the week in both USD/CHF and EUR/CHF, those calls look a bit premature.

USD/CHF probed above resistance at 0.9300/10, pushing as high as 0.9320 on stops but has spent the bulk of the session back below 0.9300. A close below that level leaves downward pressure intact.

EUR/CHF trades at 1.2757 headed into the close….