USD/CHF hits fresh highs above 0.9500

FXStreet (Córdoba) - After a pullback to 0.9460, USD/CHF resumed the upside, rose back above 0.9500 and hit a fresh daily hith at 0.9527, the strongest level since the beginning of the month, boosted by a stronger US dollar across the board.

Greenback continues the rally that started two week ago from 0.9080, is about to post the third daily gain in a row and is back above the daily 55-SMA.

USD/CHF technical levels

To the upside, resistance levels are seen at 0.9570 and 0.9595 (April 28 high). On the opposite direction support now could be located at 0.9460, 0.9405 (weekly low) and 0.9365.

GBP/CHF holds near May highs

GBP/CHF rose on Tuesday for the second day in a row and managed to erase Friday’s losses climbing back toward May highs.
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