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

    USD/CHF upside rebound likely – SG

  2. Forex News

    Investors still buying CHF despite intervention threat – Growth Aces

  3. Investing

    USD/CHF Possibly Forming Bearish Triangle

  4. Forex News

    USD/CHF in red near 0.9540

  5. Forex News

    USD/CHF upside bias while above 0.9493 – Commerzbank

Trading Center