8 Jul 2013
USD/CHF finds support at 0.9625
FXstreet.com (San Francisco) - After declining from 0.9650 to trade at intra-day lows around the 0.9625, the USD/CHF has found support at this level with the pair returning to the previous range in between 0.9630 and 0.9650.
Currently, the USD/CHF is trading at 0.9640, 0.15% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as CCI and Momentum are pointing to the south while the MACD and Stochastic are neutral.
USD/CHF remains capped by 0.9665, 6-week high
If USD/CHF manages to break above 0.9650 and 0.9665 (daily high), next resistances could be found at 0.9700 (psychological level) and 0.9790 (May 29 high), while on the other hand, supports are seen at 0.9600 (psychological level) and 0.9560 (Jul 5 low).
Currently, the USD/CHF is trading at 0.9640, 0.15% negative on the day. The short term perspective is slightly bearish according to the FXstreet.com trend index in the 1-hour chart. Indicators such as CCI and Momentum are pointing to the south while the MACD and Stochastic are neutral.
USD/CHF remains capped by 0.9665, 6-week high
If USD/CHF manages to break above 0.9650 and 0.9665 (daily high), next resistances could be found at 0.9700 (psychological level) and 0.9790 (May 29 high), while on the other hand, supports are seen at 0.9600 (psychological level) and 0.9560 (Jul 5 low).