13 May 2014
USD/CHF hits fresh 1-month highs above 0.8900
FXStreet (Córdoba) - The USD/CHF rose during the European session to 0.8906, reaching the highest price since April 7. The pair failed to hold above 0.8900 and pulled back after the release of US economic data and fell to 0.8880.
Currently trades at 0.8892, up 0.17% from today’s opening price, headed toward the fifth daily gain in a row.
Levels to watch for USD/CHF
To the upside, above daily highs resistance might lie at 0.8910 followed by 0.8930. To the downside, potential support lies at 0.8880 (American session lows) and below here at 0.8860 and 0.8805.
Currently trades at 0.8892, up 0.17% from today’s opening price, headed toward the fifth daily gain in a row.
Levels to watch for USD/CHF
To the upside, above daily highs resistance might lie at 0.8910 followed by 0.8930. To the downside, potential support lies at 0.8880 (American session lows) and below here at 0.8860 and 0.8805.