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Forex pairs in this Article » USD/CHF (Córdoba) - The USD/CHF continued to weaken during the European session and dropped below the 0.9100 level as the greenback failed to maintain its post-Fed minutes gains.

Given the existing correlation between the EUR and the CHF, the franc also benefited from positive Eurozone data, dragging USD/CHF to a 2-day low of 0.9090 in recent dealings. At time of writing, the USD/CHF is trading at the 0.9095 zone, recording a 0.4% decline on the day.

USD/CHF levels to watch

In terms of technical levels, the USD/CHF could find immediate supports at 0.9090 (daily low) and 0.9077 (Nov 20 low). On the other hand, immediate resistances are seen at 0.9130 (100-hour SMA) and 0.9150 (daily high).
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