28 Jun 2013
USD/CHF returns to opening levels
FXstreet.com (New York) - The USD/CHF technical pair has recently reversed a retracement that eased to 98.15 earlier today, thereby resuming the uptick during US trading.
USD/CHF buy on dips
“The buying pressure has seen the USD/CHF breaking through the daily channel formation to the upside yesterday, but gains are being reversed. However, we look to buy into dips today.” notes the First4Trading team.
USD/CHF pares gains
Presently however, the USD/CHF has now moved into negative territory at 0.9452, incurring a marginal decline of -0.02%. Briefing the technical levels, Mataf.net analysts have identified supports at 0.9412, ahead of 0.9368, and 0.9333. Alternatively, resistances lie higher at 0.9494, onto 0.9532.
USD/CHF buy on dips
“The buying pressure has seen the USD/CHF breaking through the daily channel formation to the upside yesterday, but gains are being reversed. However, we look to buy into dips today.” notes the First4Trading team.
USD/CHF pares gains
Presently however, the USD/CHF has now moved into negative territory at 0.9452, incurring a marginal decline of -0.02%. Briefing the technical levels, Mataf.net analysts have identified supports at 0.9412, ahead of 0.9368, and 0.9333. Alternatively, resistances lie higher at 0.9494, onto 0.9532.