15 Jul 2013
USD/CHF at session lows
FXstreet.com (Córdoba) - The USD/CHF retraced intraday gains during the New York session and dipped back below 0.9500 as the greenback weakened across the board.
USD/CHF dips below 0.9500
Weighed by disappointing US retail sales data, the USD/CHF retreated from a high of 0.9533 and dipped to a session low of 0.9475 before finding support and settling in a range. At time of writing, USD/CHF is trading at the 0.9480/85 area, where it is still 0.3% above its opening price.
In terms of technical levels, immediate supports for USD/CHF could be faced at 0.9460 (session low) and 0.9435 (Jul 12 low), while resistances are seen at 0.9535 (daily high) and 0.9550 (100-hour SMA).
USD/CHF dips below 0.9500
Weighed by disappointing US retail sales data, the USD/CHF retreated from a high of 0.9533 and dipped to a session low of 0.9475 before finding support and settling in a range. At time of writing, USD/CHF is trading at the 0.9480/85 area, where it is still 0.3% above its opening price.
In terms of technical levels, immediate supports for USD/CHF could be faced at 0.9460 (session low) and 0.9435 (Jul 12 low), while resistances are seen at 0.9535 (daily high) and 0.9550 (100-hour SMA).