Forex: USD/CHF retreats to 0.9210 after peaking to 0.9240

FXstreet.com (San Francisco) - After rising to 0.9240, 3-week highs ion the back of fiscal cliff euphoria eased, the USDCHF is trading back to the 0.9210 zone. Currently the Swissy is trading at 0.9215, 0.40% above opening price action.

As for technical levels, next resistances are seen at 0.9240 (intraday high), 0.9275 (Dec 13 high) and 0.9295/0.9300 (55-day SMA/psychological level). On the other hand, supports could be found at 0.9200 (psychological level), 0.9170 (intraday low) and 0.9150 (10-day SMA).