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Forex pairs in this Article » USD/CHF
FXstreet.com (Moscow) - USD/CHF is rebounding in Asia after touching 0.9107 weekly high; it now trades at 0.9079.

USD/CHF dares to test 0.91


The pair had another attack at 0.91 round level, though it still has not enough grounds to move higher. Better than expected US PPI data prepared the positive environment for further FED tapering, but we need to see CPI data to make the final conclusion. If consumer price index riseы above forecasts, we may see new wave of interest to USD/CHF, with the initial target at 0.9125 resistance level. The European session may see some consolidation of the pair.

What are today’s key USD/CHF levels?

Today's central pivot point can be found at 0.9072 with support below at 0.9035 (S1), 0.8982 (S2) and 0.8945 (S3), with resistance above at 0.9125 (R1), 0.9162, and 0.9215 (R3). Hourly Moving Averages are mixed, with the 200SMA at 0.9060 and the daily 20EMA bullish at 0.9011. Hourly RSI is neutral at 56.
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