USD/CHF consolidates below 0.9100

By | 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).

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