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30 Dec 2014
USD/CHF holds below 0.9900
FXStreet (Córdoba) - USD/CHF is falling modestly on Tuesday, making a small correction after hitting earlier a fresh 2-year high at 0.9918. During the last hours the pair remained steady moving between 0.9870 and 0.9890.
Despite the bearish correction the main trend continues to favor the US dollar, that is still trading above Monday’s opening price and consolidates important gains for the year.
USD/CHF short term technical levels
To the upside, resistance levels lie at 0.9890 (intraday) and above here at 0.9900 and 0.9915/20 (daily high). To the downside, immediate support lies at 0.9865/70 (daily low) and 0.9835/40 (Dec 26, 29 low).
Despite the bearish correction the main trend continues to favor the US dollar, that is still trading above Monday’s opening price and consolidates important gains for the year.
USD/CHF short term technical levels
To the upside, resistance levels lie at 0.9890 (intraday) and above here at 0.9900 and 0.9915/20 (daily high). To the downside, immediate support lies at 0.9865/70 (daily low) and 0.9835/40 (Dec 26, 29 low).