USD/CHF above 0.9200 but under pressure

FXStreet (Córdoba) - USD/CHF is trading slightly higher on Friday but 0.90% lower for the week so far. The pair printed a fresh daily high at 0.9248 after Wall Street opening bell but then turned to the downside and currently trades at 0.9215/20, less than 10 pips above today’s opening price.

USD/CHF recovery limited

The recovery of the pair from 0.9150 found resistance at the 0.9250 area. So far, it has been able to hold above 0.9200 during all day but on a wider perspective still faces downside pressure.

Volatility remains low on Friday in the currency market as trades continue to analyst the next steps of the Federal Reserve and the never-ending Greek crisis.