30 Apr 2015
USD/CHF drops toward 0.9300
FXStreet (Córdoba) - USD/CHF failed to hold above 0.9400 and during the last hours dropped sharply to test daily lows located around 0.9325.
The Swiss franc is rising for the second day in a row against the US dollar, extending the rally and headed toward the second monthly gain in a row.
Greenback weakened across the board during the American session and trimmed gains versus commodity currencies and extend losses versus the euro and the Swissy.
USD/CHF technical levels
On the upside, resistance levels could be located at 0.9420, 0.9445/50 (daily high) and 0.9485. On the opposite direction support might lie at 0.9330,0.9300 and 0.9250.
The Swiss franc is rising for the second day in a row against the US dollar, extending the rally and headed toward the second monthly gain in a row.
Greenback weakened across the board during the American session and trimmed gains versus commodity currencies and extend losses versus the euro and the Swissy.
USD/CHF technical levels
On the upside, resistance levels could be located at 0.9420, 0.9445/50 (daily high) and 0.9485. On the opposite direction support might lie at 0.9330,0.9300 and 0.9250.