USD/CHF catching a bounce

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Guatemala) - USD/CHF is trading at 0.8918, down -0.19% on the day, having posted a daily high at 0.8939 and low at 0.8906.



USD/CHF is catching a bounce post dropping close from 0.8940. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. At the time of writing, RSI is neutral at 39.29, up from 35.84 at the last hour close, while ADX is trending at 50.58, up from 24.96 previous.



USD/CHF Levels



Spot is presently trading at 0.8919, and next resistance can be seen at 0.8920 (Yesterday's Low), 0.8922 (Daily Classic S2), 0.8924 (Daily Classic S1), 0.8927 (Hourly 20 EMA) and 0.8928 (Daily Classic PP). Next support to the downside can be found at 0.8918 (Daily Classic S3), 0.8912 (Monthly Low), 0.8906 (Daily Low), 0.8903 (Weekly Classic S1) and 0.8877 (Daily 100 SMA).



You May Also Like

Related Forex Analysis
  1. Forex News

    USD/CHF consolidates around 0.9800

  2. Forex News

    USD/CHF steadies around 0.98

  3. Forex News

    USD/CHF moves away from 2-yr High

  4. Forex News

    USD/CHF Technical Analysis: Probing Above 0.98 Figure

  5. Forex News

    USD/CHF Threatens Long-Term Bearish Trend on Negative SNB Rate

Trading Center