24 Sep 2013
USD/CHF constructive consolidation?
FXstreet.com (London) - USD/CHF has moved up from the .9100 level to mark highs 0.9135.
USD/CHF fell from the highs yesterday back through .9100 and was accelerated by EURCHF’s cascading move through pivotal support at the 200 DMA and 1.2300. USDCHF is a little less inspiring so far today but has managed a score through the resistance channels line so far today and could be a constructive start to an upward move.
USD/CHF Levels
The 20 DMA is .9269, the 50 DMA is .9279 and the 200 DMA is .9344. RSI (14) 52.29. Supports are ascending from .9002, .9023, .9056, .9080 and .9105. Spot is currently 0.9126 while resistances are .9137, .9150, .9185 and .9227.
USD/CHF fell from the highs yesterday back through .9100 and was accelerated by EURCHF’s cascading move through pivotal support at the 200 DMA and 1.2300. USDCHF is a little less inspiring so far today but has managed a score through the resistance channels line so far today and could be a constructive start to an upward move.
USD/CHF Levels
The 20 DMA is .9269, the 50 DMA is .9279 and the 200 DMA is .9344. RSI (14) 52.29. Supports are ascending from .9002, .9023, .9056, .9080 and .9105. Spot is currently 0.9126 while resistances are .9137, .9150, .9185 and .9227.