8 Aug 2013
USD/CHF breaks below 0.9200
FXstreet.com (Córdoba) - Amid broad dollar weakness, the USD/CHF dropped below the 0.9200 mark and printed its lowest level in nearly 2 months.
USD/CHF hits fresh 7-week low
USD/CHF extended losses into a fifth day on Thursday and bottomed out at 0.9173 during the New York session. USD/CHF has recovered slightly from lows to currently trade around 0.9190, where it is still 0.3% below its opening price.
Levels for USD/CHF
As for technical levels, if USD/CHF breaks below 0.9170, next supports are seen at 0.9130 (Jun 13 low) and 0.9100 (psychological level), while resistances could be found at 0.9275 (10-day SMA) and 0.9290 (daily high).
USD/CHF hits fresh 7-week low
USD/CHF extended losses into a fifth day on Thursday and bottomed out at 0.9173 during the New York session. USD/CHF has recovered slightly from lows to currently trade around 0.9190, where it is still 0.3% below its opening price.
Levels for USD/CHF
As for technical levels, if USD/CHF breaks below 0.9170, next supports are seen at 0.9130 (Jun 13 low) and 0.9100 (psychological level), while resistances could be found at 0.9275 (10-day SMA) and 0.9290 (daily high).