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.



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