26 Sep 2013
USD/CHF stuck in a range around 0.9100
FXstreet.com (Córdoba) - The USD/CHF continues to consolidate within a narrow range Thursday, unable to set a fresh direction despite the release of US indicators.
Following the post-FOMC strong slump, USD/CHF entered in a consolidation phase around the 0.9100 psychological level where it has spent most of the week. At time of writing, USD/CHF is trading at the 0.9090 zone, virtually unchanged on the day.
USD/CHF technical levels
As for technical levels, immediate supports levels are seen at 0.9088 (daily low), 0.9078 (Sep 25 low) and 0.9060 (Feb 6 low). On the other hand, resistances could be found at 0.9145 (Aug 20 low) and 0.9170 (23.6% Fibo of 0.9455/0.9080).
Following the post-FOMC strong slump, USD/CHF entered in a consolidation phase around the 0.9100 psychological level where it has spent most of the week. At time of writing, USD/CHF is trading at the 0.9090 zone, virtually unchanged on the day.
USD/CHF technical levels
As for technical levels, immediate supports levels are seen at 0.9088 (daily low), 0.9078 (Sep 25 low) and 0.9060 (Feb 6 low). On the other hand, resistances could be found at 0.9145 (Aug 20 low) and 0.9170 (23.6% Fibo of 0.9455/0.9080).