7 Apr 2015
USD/CHF rises above 0.9650
FXStreet (Córdoba) - Greenback gained momentum across the board and pushed USD/CHF further above 0.9600. The pair printed a fresh daily high at 0.9660 and remains above 0.9650 holding a bullish tone.
The US dollar is rising for the second day in a row versus the Swiss franc and since the beginning of the week gained 160 pips.
USD/CHF technical levels
The pair gained momentum recently after breaking above previous highs located at 0.9650; if it keeps rising the next resistance levels might lie at 0.9695 and 0.9750. To the downside, support might now lie at 0.9650, 0.9635 and 0.9480 (Apr 3 low).
The US dollar is rising for the second day in a row versus the Swiss franc and since the beginning of the week gained 160 pips.
USD/CHF technical levels
The pair gained momentum recently after breaking above previous highs located at 0.9650; if it keeps rising the next resistance levels might lie at 0.9695 and 0.9750. To the downside, support might now lie at 0.9650, 0.9635 and 0.9480 (Apr 3 low).