20 Nov 2013
USD/CHF reaches 0.9179 weekly highs
FXstreet.com (Chicago) - USD/CHF accumulates 0.75% in daily gains so far erasing most losses and printing green for the week at 0.33%. US data was released earlier in the day precipitating market participants to be bullish on the greenback.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9172 and oscillates between the supports aligned at 0.9162 (November 18th highs), 0.9128 (November 15th lows) ahead of 0.9093 (November 18th lows) and the resistances set at 0.9190 (November 15th highs), 0.9224 (November 12th highs) followed by 0.9246 (November 8th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair slightly bullish and navigates above the EMA20.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9172 and oscillates between the supports aligned at 0.9162 (November 18th highs), 0.9128 (November 15th lows) ahead of 0.9093 (November 18th lows) and the resistances set at 0.9190 (November 15th highs), 0.9224 (November 12th highs) followed by 0.9246 (November 8th highs). According to the FXstreet.com trend index on one-hour timeframe analysis, the pair slightly bullish and navigates above the EMA20.