5 Jan 2015
USD/CHF consolidates above 1.0050
FXStreet (Córdoba) - USD/CHF is consolidating above 1.0050, headed toward the strongest close since September 2010 supported by a stronger US dollar across the board.
The pair traded momentarily above 1.0100 several times during the day but failed to consolidate and pulled back. The retreated from multi-year highs found support on Asian hours at 1.0030 and then above 1.0050.
USD/CHF gap still open
The pair opened the week with a bullish gap that is still open. On Friday, it finished at 1.0010 and opened the week above 1.0052, reaching the lowest price on Monday at 1.0031.
The pair traded momentarily above 1.0100 several times during the day but failed to consolidate and pulled back. The retreated from multi-year highs found support on Asian hours at 1.0030 and then above 1.0050.
USD/CHF gap still open
The pair opened the week with a bullish gap that is still open. On Friday, it finished at 1.0010 and opened the week above 1.0052, reaching the lowest price on Monday at 1.0031.