10 Jan 2014
USD/CHF dying out into the close
FXstreet.com (Guatemala) - USD/CHF is moving into the close and consolidated remaining with the 0.90 handle.
The Non Farm Payrolls reading was the factor of the day which registered at 74k, against expectations of 196k, and 241k (revised) previous, USD/CHF has come off in two stages of supply and will now await the start of next week while the market digests this weeks session which included a dovish ECB.
USD/CHF Levels
The 20 DMA is 0.8966, the 50 DMA is 0.9030 and the 200 DMA is 0.9244. RSI (14) reads 62.33. Next support comes 0.8990. Spot is 0.9026 and resistances are 0.9066, 0.9094, 0.9127, 0.9150 and 0.9165.
The Non Farm Payrolls reading was the factor of the day which registered at 74k, against expectations of 196k, and 241k (revised) previous, USD/CHF has come off in two stages of supply and will now await the start of next week while the market digests this weeks session which included a dovish ECB.
USD/CHF Levels
The 20 DMA is 0.8966, the 50 DMA is 0.9030 and the 200 DMA is 0.9244. RSI (14) reads 62.33. Next support comes 0.8990. Spot is 0.9026 and resistances are 0.9066, 0.9094, 0.9127, 0.9150 and 0.9165.