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.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    April Forex Seasonality Foresees Weakest Month of Year for USD

  2. Forex News

    USD/CHF Technical Analysis: Buyers Reclaim Hold on 0.97

  3. Forex News

    USD/CHF set to move towards 1.0100 – Commerzbank

  4. Forex News

    USD/CHF flirting with 0.97

  5. Forex News

    USD/CHF capped by 10-DMA

Trading Center