2 Sep 2013
USD/CHF reaches fresh 2-week high
FXstreet.com (Córdoba) - The USD extended gains versus the CHF and printed a fresh 2-week high during a quiet American session.
USD/CHF rises above 200-day SMA
USD/CHF pierced above the 200-day SMA (0.9343) and reached its strongest level since Aug 15 at 0.9347 in recent dealings, before losing momentum. At time of writing, USD/CHF is trading at the 0.9340/45 zone where it records a 0.3% gain on the day.
USD/CHF technical levels
In terms of technical levels, immediate resistances are seen at 0.9347 (daily high) and 0.9395 (100-day SMA), while supports could be found at 0.9310 (daily lows) and 0.9288 (Aug 30 low).
USD/CHF rises above 200-day SMA
USD/CHF pierced above the 200-day SMA (0.9343) and reached its strongest level since Aug 15 at 0.9347 in recent dealings, before losing momentum. At time of writing, USD/CHF is trading at the 0.9340/45 zone where it records a 0.3% gain on the day.
USD/CHF technical levels
In terms of technical levels, immediate resistances are seen at 0.9347 (daily high) and 0.9395 (100-day SMA), while supports could be found at 0.9310 (daily lows) and 0.9288 (Aug 30 low).