Forex: USD/CHF falls strong to 0.9330, lowest since Sept 25

FXstreet.com (San Francisco) - The USDCHF has reacted down to the Mario Dragui speech with the pair collapsing almost 40 pips in the last few minutes from 0.9365 to reach the lowest level since September 25 at 0.9327.

Currently the USDCHF is trading at 0.9343, 0.44% below opening price action. "The overall picture remains bearish for a break of 0.9330-00 and lower levels of 0.9250 and 0.9120 can be seen in the coming days," comments the Kshitij Consultancy Services Team. "The break will come either today or in the coming days has to be seen."