12 Nov 2013
USD/CHF above EMA20; steady climb to 0.92?
FXstreet.com (Chicago) - USD/CHF prints higher highs and lows after the consolidation of a reversal from session lows in the afternoon of the American trading session. The pair prints 0.22% daily losses accumulating 0.40% this week.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9169 and oscillates between the supports aligned at 0.9151 (November 4th highs), 0.91 (November 7th lows) ahead of 0.9089 (November 4th lows) and the resistances set at 0.9189 (November 11th lows), 0.9225 (November 11th highs) followed by 0.9248 (November 8th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is strongly bearish.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9169 and oscillates between the supports aligned at 0.9151 (November 4th highs), 0.91 (November 7th lows) ahead of 0.9089 (November 4th lows) and the resistances set at 0.9189 (November 11th lows), 0.9225 (November 11th highs) followed by 0.9248 (November 8th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair is strongly bearish.