25 Jun 2013
USD/CHF supported 0.9320
FXstreet.com (London) - USD/CHF has been offered in the main and supported at 0.9320 since it gapped to record a high of 0.9347 on Monday.
It has opened in London inching away from 0.9320. Data for the pair today will come in the form of a raft of US numbers in the afternoon, Durable Goods, Housing Price Index, Consumer Confidence and New Home Sales. And Treasury sec Lew is speaking late in the evening. Less monitored will be SNB Gov Board Member Zurbrugg speaking at 11.30GMT.
USD/CHF looking bearish
The pair is treading the downside at around 78.6% after breaking the support levels prior 0.9320, and while trading below the pivot, there is the gap closely lower that traders will target if the pair cannot find bids through 0.9370.
It has opened in London inching away from 0.9320. Data for the pair today will come in the form of a raft of US numbers in the afternoon, Durable Goods, Housing Price Index, Consumer Confidence and New Home Sales. And Treasury sec Lew is speaking late in the evening. Less monitored will be SNB Gov Board Member Zurbrugg speaking at 11.30GMT.
USD/CHF looking bearish
The pair is treading the downside at around 78.6% after breaking the support levels prior 0.9320, and while trading below the pivot, there is the gap closely lower that traders will target if the pair cannot find bids through 0.9370.