5 Nov 2013
USD/CHF firm above 0.9120
FXstreet.com (Chicago) - USD/CHF prints higher highs and lows in the afternoon of the American trading session aiming to retest earlier 0.9148 session highs.
Data recap
Results published today in the US surprised positively with the IBD/TIPP economic optimism index at 41.1 vs. expected 41.1 and past 38.4. The ISM non-manufacturing PMI was 55.4 vs. expected 54 and prior 54.4. In Switzerland, the CPI for October (YoY) was -0.3% vs. past -0.1% and estimates at -0.2%.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9128 and oscillates between the supports aligned at 0.9090 (October 31st highs), 0.9063 (October 14th lows) ahead of 0.9019 (October 30th highs) and the resistances set at 0.9134 (September 22nd highs), 0.9174 (October 15th highs) followed by 0.9222 (July 31st lows). According to the FXstreet.com trend index, the pair is slightly bullish on one-hour timeframe analysis and flows above the EMA20.
Data recap
Results published today in the US surprised positively with the IBD/TIPP economic optimism index at 41.1 vs. expected 41.1 and past 38.4. The ISM non-manufacturing PMI was 55.4 vs. expected 54 and prior 54.4. In Switzerland, the CPI for October (YoY) was -0.3% vs. past -0.1% and estimates at -0.2%.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9128 and oscillates between the supports aligned at 0.9090 (October 31st highs), 0.9063 (October 14th lows) ahead of 0.9019 (October 30th highs) and the resistances set at 0.9134 (September 22nd highs), 0.9174 (October 15th highs) followed by 0.9222 (July 31st lows). According to the FXstreet.com trend index, the pair is slightly bullish on one-hour timeframe analysis and flows above the EMA20.