18 May 2015
USD/CHF rises above 0.9200
FXStreet (Córdoba) - USD/CHF continues to move with an upside bias, but limited so far. The pair climbed back above 0.9200 and recently printed a fresh daily high at 0.9229.
USD/CHF up but still near month lows
The US dollar is rising for the second trading day in a row as it currently stands at 0.9215/20, up 0.63% for the day so far. Greenback continues to recover after falling last week to 0.9077.
USD/CHF still hold near May lows that lie at 0.9070. In the short term the pair is on recovery mode but the bias still looks bearish. If it rises above 0.9240/50, where a short term downtrend line stands, the dollar could gain momentum.
USD/CHF up but still near month lows
The US dollar is rising for the second trading day in a row as it currently stands at 0.9215/20, up 0.63% for the day so far. Greenback continues to recover after falling last week to 0.9077.
USD/CHF still hold near May lows that lie at 0.9070. In the short term the pair is on recovery mode but the bias still looks bearish. If it rises above 0.9240/50, where a short term downtrend line stands, the dollar could gain momentum.