USD/CHF consolidates below 0.9100

By FXstreet.com | Updated July 31, 2014 AAA

FXStreet (Córdoba) - The USD/CHF is moving sideways on Thursday, currently trades at 0.9086, flat for the day. Price peaked hours ago at 0.9102 but then pulled back and bottomed at 0.9074 (daily low). The currency market remains quiet as stocks decline in Wall Street, ahead of Friday’s US employment report.



Greenback is headed toward the best monthly performance in a year against the Swiss Franc as it consolidates slightly below 0.9100.



USD/CHF levels to consider

Resistance is seen at 0.9100/10 (July 30 high) and above here at 0.9125/30 and 0.9155. To the downside, support might be located at 0.9075 (July 31 low) and 0.9060 (July 30 low).



comments powered by Disqus
Related Forex Analysis
  1. USD/CHF loses steam above 0.9600
    Forex News

    USD/CHF loses steam above 0.9600

  2. USD/CHF Technical Analysis: Franc Back on the Defensive
    Forex News

    USD/CHF Technical Analysis: Franc Back on the Defensive

  3. USD/CHF falls ahead of FOMC statement
    Forex News

    USD/CHF falls ahead of FOMC statement

  4. US Dollar May Rise as Status-Quo FOMC Clashes with Dovish Market Bets
    Forex News

    US Dollar May Rise as Status-Quo FOMC Clashes with Dovish Market Bets

  5. USD/CHF Technical Analysis: Long Position Triggered
    Forex News

    USD/CHF Technical Analysis: Long Position Triggered

Trading Center