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26 Jun 2013
USD/CHF reaches fresh 3-week high
FXstreet.com (Córdoba) - USD/CHF printed a fresh 3 week high during the New York session in a renewed wave of USD buying.
USD/CHF resumes the upside
Following a short-lived correction, USD/CHF found buyers and resumed the rise toward a fresh 3-week high of 0.9443 before losing momentum. At time of writing, the pair is trading at the 0.9430 zone, where it records a 0.6% gain on the day.
In terms of technical levels, above 0.9443, next resistance could be found at the 0.9493/0.9500 area (Jun 5 high/psychological level), while supports are seen at 0.9370 (daily low) and 0.9320 (Jun 25 low).
USD/CHF resumes the upside
Following a short-lived correction, USD/CHF found buyers and resumed the rise toward a fresh 3-week high of 0.9443 before losing momentum. At time of writing, the pair is trading at the 0.9430 zone, where it records a 0.6% gain on the day.
In terms of technical levels, above 0.9443, next resistance could be found at the 0.9493/0.9500 area (Jun 5 high/psychological level), while supports are seen at 0.9370 (daily low) and 0.9320 (Jun 25 low).