17 Jan 2014
USD/CHF reaches fresh daily highs
FXstreet.com (Córdoba) - The dollar trades a tad firmer against the franc and the euro in a mostly quiet pre-weekend session, with the USD/CHF recovering ground after yesterday's setback.
The USD/CHF has steadily edged higher throughout the day and reached a high of 0.9077 in recent dealings. The pair however, lacked momentum to extend gains and pulled back slightly to currently trade around 0.9070, still up 0.2% on the day. Up ahead, US schedule includes December's housing starts and industrial production.
USD/CHF levels to watch
In terms of technical levels, the USD/CHF could find immediate resistances at 0.9100/07 area (psychological level/Jan 15 high), 0.9126 (Jan 8 high) and 0.9150 (Nov 22 high). On the flip side, supports are seen at 0.9043 (Jan 17 low), 0.9031 (Jan 16 low) and 0.9000 (psychological level).
The USD/CHF has steadily edged higher throughout the day and reached a high of 0.9077 in recent dealings. The pair however, lacked momentum to extend gains and pulled back slightly to currently trade around 0.9070, still up 0.2% on the day. Up ahead, US schedule includes December's housing starts and industrial production.
USD/CHF levels to watch
In terms of technical levels, the USD/CHF could find immediate resistances at 0.9100/07 area (psychological level/Jan 15 high), 0.9126 (Jan 8 high) and 0.9150 (Nov 22 high). On the flip side, supports are seen at 0.9043 (Jan 17 low), 0.9031 (Jan 16 low) and 0.9000 (psychological level).