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10 Feb 2016
USD/CHF appears supported at 0.9565/0.9474 – Commerzbank
FXStreet (Edinburgh) - In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair remains supported in the 0.9565/0.9474.
Key Quotes
“USD/CHF has sold off to the 200 day ma at .9722. There is scope for losses to the 9 month support line at .9565. We should see the market hold between here and the .9474 October low”.
“Intraday rallies are indicated to struggle circa .9815/.9895. These guard the 1.0256/95 recent highs”.
Key Quotes
“USD/CHF has sold off to the 200 day ma at .9722. There is scope for losses to the 9 month support line at .9565. We should see the market hold between here and the .9474 October low”.
“Intraday rallies are indicated to struggle circa .9815/.9895. These guard the 1.0256/95 recent highs”.