Back
1 Jun 2015
USD/CHF holds near daily highs
FXStreet (Córdoba) - USD/CHF reached a fresh daily high at 0.9483 and remains above 0.9460, consolidating gains and rising after falling during the previous three trading days.
USD/CH rebounds at 0.9400
On European horus the pair bottomed at 0.9402 but then rebounded and jumped quickly to daily highs, boosted by a rally of the dollar following the release of US ISM manufacturing index, that came in with better-than-expected numbers.
Greenback is the best performer among majors on Monday. During the last hour it strengthened particularly versus the Japanese yen.
USD/CHF technical levels
To the upside, resistance levels might lie at 0.9485 (daily high), 0.9500 and 0.9540/45 (last week high). On the flip side, support could be located at 0.9435 (intraday level), 0.9400 and 0.9345 (May 29 low).
USD/CH rebounds at 0.9400
On European horus the pair bottomed at 0.9402 but then rebounded and jumped quickly to daily highs, boosted by a rally of the dollar following the release of US ISM manufacturing index, that came in with better-than-expected numbers.
Greenback is the best performer among majors on Monday. During the last hour it strengthened particularly versus the Japanese yen.
USD/CHF technical levels
To the upside, resistance levels might lie at 0.9485 (daily high), 0.9500 and 0.9540/45 (last week high). On the flip side, support could be located at 0.9435 (intraday level), 0.9400 and 0.9345 (May 29 low).