26 Nov 2014
USD/CHF rebounds at 0.9620
FXStreet (Córdoba) - USD/CHF erased losses and printed a fresh daily high at 0.9664; ahead of US economic data holds near the highs.
The pair dropped during the European session to 0.9619, hitting the lowest price since last Friday but rebounded sharply and broke above the intraday resistance located at 0.9650 and rose further. Greenback strengthened in the last hours versus the euro and the Swiss franc.
USD/CHF levels to watch
To the upside, immediate resistance lies at 0.9665 (daily high) and above here at 0.9700 (Nov 25 high) and 0.9725 (Nov 24 high). To the downside, support might lie at 0.9620 and below here at 0.9605 (Nov 20 high) and 0.9550.
The pair dropped during the European session to 0.9619, hitting the lowest price since last Friday but rebounded sharply and broke above the intraday resistance located at 0.9650 and rose further. Greenback strengthened in the last hours versus the euro and the Swiss franc.
USD/CHF levels to watch
To the upside, immediate resistance lies at 0.9665 (daily high) and above here at 0.9700 (Nov 25 high) and 0.9725 (Nov 24 high). To the downside, support might lie at 0.9620 and below here at 0.9605 (Nov 20 high) and 0.9550.