10 Oct 2014
USD/CHF tests 0.9590 and finds some selling interest
FXStreet (San Francisco) - The US Dollar extended gains from 0.9525 to trade at daily highs around 0.9590 versus the Swiss Franc, where the pair found selling interest that launched it back to 0.9575.
Currently, USD/CHF is trading at 0.9578, up 0.37% on the day, having posted a daily high at 0.9594 and low at 0.9527. The hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish.
USD/CHF levels
Above the 0.9590, the USD/CHF will face resistances at 0.9600, 0.9625 and 0.9675. To the downside, supports are at 0.9525, 0.9500 and 0.9475.
Currently, USD/CHF is trading at 0.9578, up 0.37% on the day, having posted a daily high at 0.9594 and low at 0.9527. The hourly FXStreet OB/OS Index is showing overbought conditions, alongside the FXStreet Trend Index which is slightly bullish.
USD/CHF levels
Above the 0.9590, the USD/CHF will face resistances at 0.9600, 0.9625 and 0.9675. To the downside, supports are at 0.9525, 0.9500 and 0.9475.