11 May 2015
USD/CHF consolidates above 0.9300
FXStreet (Córdoba) - USD/CHF rose further above 0.9300 and reached the strongest level in six days at 0.9353, slightly above Asian session highs. The pair holds a bullish tone on a quiet session.
It remains limited below 0.9350, while to the downside recently found support above 0.9300. Greenbank gained momentum after the beginning of the trading in New York and climbed toward daily highs.
The US dollar is rising for the third day in a row against the Swiss franc, extending the recovery after falling last Thursday to 0.9070, the lowest level in three months .
USD/CHF eyes April highs
From last week lows the pair has risen almost 300 pips and still holds a bullish tone but so far capped by the 0.9350 area. If it breaks higher attention could turn toward 0.9400 and above here to 0.9412, where April highs area located.
It remains limited below 0.9350, while to the downside recently found support above 0.9300. Greenbank gained momentum after the beginning of the trading in New York and climbed toward daily highs.
The US dollar is rising for the third day in a row against the Swiss franc, extending the recovery after falling last Thursday to 0.9070, the lowest level in three months .
USD/CHF eyes April highs
From last week lows the pair has risen almost 300 pips and still holds a bullish tone but so far capped by the 0.9350 area. If it breaks higher attention could turn toward 0.9400 and above here to 0.9412, where April highs area located.