4 Aug 2015
USD/CHF hits fresh 3-month highs
FXStreet (Córdoba) - The Swiss franc is falling across the board on Tuesday and against the US dollar is trading at the lowest level since mid-April.
USD/CHF bottomed at 0.9670 during the Asian session and then turned to the upside, but accelerated two hours ago after breaking above 0.9705. Recently printed a fresh high at 0.9745 and currently trades at 0.9735, up 45 pips for the day so far.
EUR/CHF is approaching last week highs, trading above 1.0660 while GBP/CHF stands at 6-month highs near 1.5200.
USD/CHF technical level
To the upside, resistance levels might lie at 0.9745 (daily high), 0.9790 and 0.9820. On the opposite direction, support could be located at 0.9670 (daily low), 0.9650 (July 20 high) and 0.9595.
USD/CHF bottomed at 0.9670 during the Asian session and then turned to the upside, but accelerated two hours ago after breaking above 0.9705. Recently printed a fresh high at 0.9745 and currently trades at 0.9735, up 45 pips for the day so far.
EUR/CHF is approaching last week highs, trading above 1.0660 while GBP/CHF stands at 6-month highs near 1.5200.
USD/CHF technical level
To the upside, resistance levels might lie at 0.9745 (daily high), 0.9790 and 0.9820. On the opposite direction, support could be located at 0.9670 (daily low), 0.9650 (July 20 high) and 0.9595.