16 Jun 2014
USD/CHF back below 0.9000
FXStreet (Córdoba) - The USD/CHF failed once again to hold above 0.9000 and during the US session bottomed at 0.8964. Currently trades at 0.8974, down 0.25% for the day.
On European hours the pair climbed slightly above last week highs, reaching at 0.9012, the strongest level since June 5. Afterwards the pair pulled back being rejected from above 0.9000.
USD/CHF levels to watch
To the upside, every time during the last week, that rose above 0.9000 the pair lost upside momentum. Between 0.9010 and 0.9030 there is an important resistance level, followed by 0.9040 and 0.9060. To the downside the area around 0.8950 continues to be the short term key support level.
On European hours the pair climbed slightly above last week highs, reaching at 0.9012, the strongest level since June 5. Afterwards the pair pulled back being rejected from above 0.9000.
USD/CHF levels to watch
To the upside, every time during the last week, that rose above 0.9000 the pair lost upside momentum. Between 0.9010 and 0.9030 there is an important resistance level, followed by 0.9040 and 0.9060. To the downside the area around 0.8950 continues to be the short term key support level.