13 Feb 2015
USD/CHF hovering around 0.9300
FXStreet (Córdoba) - USD/CHF rose modestly during the last hours and climbed above 0.9300 but found resistance around 0.9320 and pulled back. The pair is hovering around 0.9300/10, slightly above the level it closed yesterday.
The pair continues to move with an upside bias in the short term but on a wider perspective remains on a consolidation mode. During the current week the pair was unable to break above previous highs while to the downside it held on top of 0.9200.
Greenback is about to post the fourth weekly gain in a row against the Swiss franc. The last time the USD/CHF fell was back in January when the Swiss National Bank shocked financial markets.
The pair continues to move with an upside bias in the short term but on a wider perspective remains on a consolidation mode. During the current week the pair was unable to break above previous highs while to the downside it held on top of 0.9200.
Greenback is about to post the fourth weekly gain in a row against the Swiss franc. The last time the USD/CHF fell was back in January when the Swiss National Bank shocked financial markets.