1 Aug 2013
USD/CHF extends rally to fresh highs
FXstreet.com (Córdoba) - The USD/CHF extended its rally to fresh 1-week highs during the American afternoon propelled by broad USD strength in the wake of strong US employment and manufacturing data.
USD/CHF gains 1% on the day
USD/CD has climbed over 100 pips throughout the day, and having left several resistance levels behind, it recently printed its highest level in a week at 0.9368 before easing slightly. At time of writing, USD/CHF is trading at the 0.9360 zone, still up 1.1% on the day.
USD/CHF technical levels
On the upside, USD/CHF could found immediate resistance levels at 0.9368 (daily highs) and 0.9400 (psychological level), while on the downside supports are seen at 0.9335 (Jul 31 high) and 0.9300 (psychological level).
USD/CHF gains 1% on the day
USD/CD has climbed over 100 pips throughout the day, and having left several resistance levels behind, it recently printed its highest level in a week at 0.9368 before easing slightly. At time of writing, USD/CHF is trading at the 0.9360 zone, still up 1.1% on the day.
USD/CHF technical levels
On the upside, USD/CHF could found immediate resistance levels at 0.9368 (daily highs) and 0.9400 (psychological level), while on the downside supports are seen at 0.9335 (Jul 31 high) and 0.9300 (psychological level).