6 Nov 2013
USD/CHF struggling around 0.9100
FXstreet.com (Córdoba) - Despite some volatility seen in the FX market Wednesday, the USD/CHF has spent most of the day in a slim range.
The USD/CHF dipped briefly below 0.9100 and hit a daily low of 0.9097 during the New York session before finding support. As most pairs, USD/CHF could see further consolidation heading into the ECB policy decision and the NFP report. At time of writing, USD/CHF is trading at the 0.9105 zone, recording a 0.3% loss on the day.
USD/CHF technical levels
In terms of technical levels, USD/CHF could find immediate supports at 0.9097 (daily low) and 0.9045 (21-day SMA). On the upside, resistances are seen at 0.9138 (daily high) and 0.9151 (Nov 4 high).
The USD/CHF dipped briefly below 0.9100 and hit a daily low of 0.9097 during the New York session before finding support. As most pairs, USD/CHF could see further consolidation heading into the ECB policy decision and the NFP report. At time of writing, USD/CHF is trading at the 0.9105 zone, recording a 0.3% loss on the day.
USD/CHF technical levels
In terms of technical levels, USD/CHF could find immediate supports at 0.9097 (daily low) and 0.9045 (21-day SMA). On the upside, resistances are seen at 0.9138 (daily high) and 0.9151 (Nov 4 high).