USD/CHF hits fresh 6-month highs

By FXstreet.com | Updated August 05, 2014 AAA

FXStreet (Córdoba) - The USD/CHF rose further after Wall Street opening bell and climbed to 0.9110, reaching levels not seen since January 23, slightly above last week highs. Afterwards pulled back and currently is hovering around 0.9100, up 0.37% for the day.



Greenback is among the best performers across the board, after rallying in the last hours following better-than-expected US economic data.



USD/CHF levels to consider

To the upside, immediate resistance lies at 0.9110 (daily high) and above here at 0.9125/30 and 0.9155 (January highs). To the downside, support might be located at 0.9070/75 and below at 0.9050/55.



Related Forex Analysis
  1. USD/CHF Technical Analysis: Long Trade Hits First Target
    Forex News

    USD/CHF Technical Analysis: Long Trade Hits First Target

  2. USD/CHF Median Line is Key to Uptrend
    Forex News

    USD/CHF Median Line is Key to Uptrend

  3. USD/CHF fails to hold above 0.9600; back to daily lows
    Forex News

    USD/CHF fails to hold above 0.9600; back to daily lows

  4. USD/CHF loses steam above 0.9600
    Forex News

    USD/CHF loses steam above 0.9600

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

    USD/CHF Technical Analysis: Franc Back on the Defensive

Trading Center