FXStreet (San Francisco) - The USD/CHF's recovery from 1-week lows around 0.8900 found selling interest around 0.8930 as the pair is joining its negative correlation with the EUR/USD. USD/CHF is now back testing 0.8915.



Currently, USD/CHF is trading at 0.8919, up 0.11% on the day, having posted a daily high at 0.8930 and low at 0.8900. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is strongly bullish.



USD/CHF levels



If the pair continues to retrace, next supports are at 0.8900, 0.8885 and 0.8860. On the upside, resistances are at 0.8930, 0.8945 and 0.8960.



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    USD/CHF Technical Analysis: Retracing After Sharp Decline

  2. Forex News

    USD/CHF Holds Key .9250 Level

  3. Forex News

    US Dollar May Break to Further Lows if it Fails at Key Support

  4. Forex News

    USD/CHF climbs above 0.9330 amid new talks

  5. Forex News

    USD/CHF gyrates around 0.93

Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!