Fundamental overview:
USD/CHF is expected to consolidate with bullish bias after hitting four-year high 1.0138 this morning.It is underpinned by the  broadly firmer dollar undertone (ICE spot dollar index hit nine-year high 91.808 Tuesday, last at 91.73 versus 91.36 early Tuesday); smaller-than-expected 0.7% drop in U.S. November factory orders (versus forecast -0.8%) , franc sales on soft CHF/JPY cross and contagion from weak euro on the Swiss franc and ultra-loose Swiss National Bank's monetary policy. 

Technical comment: 
Daily chart is positive-biased as MACD is bullish, stochastics stays elevated at overbought levels, five and 15-day moving averages are advancing.  

Trading recommendations: 
The pair is trading above its pivot point. It is likely to trade in a higher range as far as it remains above its pivot point. As long as the price is keeping above its pivot point, a long position is recommended with the first target at 1.0155 and the second target at 1.020. In an alternative scenario, if the price moves below its pivot points, short positions are recommended with the first target at 0.9985. A break of this target would push the pair further downward, and one may expect the second target at 0.9930. The pivot point is at 1.0030.

Resistance levels: 
1.0155
1.02
1.0235

Support levels: 
0.9985
0.9930 
0.99