1 Jul 2015
USD/CHF ready to test 0.9500
FXStreet (Córdoba) - USD/CHF is ending the month with a bullish tone and moving toward 0.9500. The pair has been moving to the upside since Tuesday’s Asian session. Recently rose further and printed at 0.9476 a fresh 3-week high.
Currently remains near the top, with eyes on 0.9500, where June highs lie. Above the next resistance level to consider could be located at 0.9540 (May highs). On the opposite direction the area above 0.9390 has become a key-short term support.
CHF the worst among European currencies
The Swiss franc is also falling on Wednesday versus the pound and the euro, despite the lack of improvement in negotiations between Greece and its creditors. Talks, if resume, are likely to restart not before Sunday’s Greek referendum.
GBP/CHF is approaching 1.4800 after rising almost 300 pips from yesterday’s lows, and is testing monthly highs. EUR/CHF climbed today from 1.0415 to 1.0490, hitting the highest level since last Friday.
Currently remains near the top, with eyes on 0.9500, where June highs lie. Above the next resistance level to consider could be located at 0.9540 (May highs). On the opposite direction the area above 0.9390 has become a key-short term support.
CHF the worst among European currencies
The Swiss franc is also falling on Wednesday versus the pound and the euro, despite the lack of improvement in negotiations between Greece and its creditors. Talks, if resume, are likely to restart not before Sunday’s Greek referendum.
GBP/CHF is approaching 1.4800 after rising almost 300 pips from yesterday’s lows, and is testing monthly highs. EUR/CHF climbed today from 1.0415 to 1.0490, hitting the highest level since last Friday.