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ٹریڈنگ خبریں
16 Apr 2015
USD/CHF falls to 0.9600
FXStreet (Córdoba) - USD/CHF continues to move with a bearish bias amid a weak US dollar across the board. The pair reached a fresh 1-week low at 0.9600 and then bounced to the upside and it was trading at 0.9630, slightly below yesterday’s closing price.
The Swiss franc is rising for the fourth day in a row versus the dollar, the last time it gained for four consecutive days was back in May 2014. On Monday USD/CHF reversed after reaching 0.9865 and since then has fallen more than 200 pips.
USD/CHF levels to watch
So far the area around 0.9600 capped the decline; belew the next support is located at 0.9555 (Mar 27, April 2 lows) followed by 0.9530 and 0.9480 (April low). On the upside, resistance level are seen at 0.9660, 0.9695 and 0.9710/15 (daily high).
The Swiss franc is rising for the fourth day in a row versus the dollar, the last time it gained for four consecutive days was back in May 2014. On Monday USD/CHF reversed after reaching 0.9865 and since then has fallen more than 200 pips.
USD/CHF levels to watch
So far the area around 0.9600 capped the decline; belew the next support is located at 0.9555 (Mar 27, April 2 lows) followed by 0.9530 and 0.9480 (April low). On the upside, resistance level are seen at 0.9660, 0.9695 and 0.9710/15 (daily high).