20 Jun 2014
USD/CHF climbs above 0.8950
FXStreet (Córdoba) - The USD/CHF continues to recover ground after bottoming on Thursday at 0.8909, the lowest price in almost two weeks. At the moment the pair trades at 0.8958, up 0.21% for the day.
After Wall Street opening peaked at 0.8973, where it was trading when the FOMC statement was released last Wednesday but then pulled back, finding support above 0.8950.
USD/CHF lower for the week, still rangebound
The pair is headed toward a weekly decline, the worst result since late April, but continues to move in a range, facing strong resistance above 0.9000 and supported above 0.8900.
After Wall Street opening peaked at 0.8973, where it was trading when the FOMC statement was released last Wednesday but then pulled back, finding support above 0.8950.
USD/CHF lower for the week, still rangebound
The pair is headed toward a weekly decline, the worst result since late April, but continues to move in a range, facing strong resistance above 0.9000 and supported above 0.8900.