21 Nov 2013
USD/CHF stalled 0.9151 fronts under
FXstreet.com (Chicago) - USD/CHF continues stuck around the 0.9150 front after managing to find grounds from fall but extending the same movement within boundaries at 0.9140 and 0.9160.
USD/CHF Technical Levels
Price action reveals the pair remains capped below the 0.9160 front after extending the bearish channel from the earlier fall from 0.9189. The pair is negative for the day although minimally and is offered at 0.9151. On the downside, supports are aligned at 0.9122 (November 13th lows), 0.9077 (November 19th lows) followed by 0.9019 (October 30th highs) while the upside marks resistances set at 0.9191 (November 20th highs), 0.9247 (November 8th highs) followed by 0.9285 (September 17th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bearish and navigates below the EMA20.
USD/CHF Technical Levels
Price action reveals the pair remains capped below the 0.9160 front after extending the bearish channel from the earlier fall from 0.9189. The pair is negative for the day although minimally and is offered at 0.9151. On the downside, supports are aligned at 0.9122 (November 13th lows), 0.9077 (November 19th lows) followed by 0.9019 (October 30th highs) while the upside marks resistances set at 0.9191 (November 20th highs), 0.9247 (November 8th highs) followed by 0.9285 (September 17th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is slightly bearish and navigates below the EMA20.