USD/CHF erases losses and rises to 0.8958

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Córdoba) - The USD/CHF printed a fresh daily high recently at 0.8958 but then pulled back, and currently trades at 0.8946, up 0.06% above today’s opening price.



During the European session the pair bottomed at 0.8924, the lowest price in two days but then rebounded and gained bullish momentum after Wall Street opening bell.



USD/CHF technical levels



To the upside immediate resistance lies around 0.8960 (daily high) and above here at 0.8975 followed by 0.9010. To the downside support could be located at 0.8925 (daily low) and then 0.8910 (June 19 low) and 0.8900.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    USD/CHF consolidating weekly losses

  2. Forex News

    USD/CHF capped by 0.97

  3. Forex News

    USD/CHF bounces off the 0.9455/22 support zone – Commerzbank

  4. Forex News

    USD/CHF Technical Analysis: Selloff Pauses at 0.95 Mark

  5. Forex News

    USD/CHF hits fresh highs above 0.9650

Trading Center