Swiss franc falls sharply on Tuesday

The Swiss franc was sharply down and losing 0.76% for the day, until now, as renewed risk-on mode props the dollar.
The pair extends strong last week’s rally (up 1.33% for the week) and broke above 1.02 barrier for the first time since Jan.
Bulls eye targets at 1.0266 (Fibo 161.8% projection of the upleg from 0.9894) and 1.0325/43 (2015 / 2017 highs, also tops of five-month congestion), violation of which would generate bullish signal for further correction of pair’s 11-year (2000/2011) fall from 1.8304 to 0.7067.
Bullish daily techs so far ignore strongly overbought conditions, however, corrective easing should be anticipated in the near-term.

Res: 1.0266; 1.0299; 1.0325; 1.0343
Sup: 1.0200; 1.0149; 1.0098; 1.0000