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2 Jun 2014
USD/CHF hits fresh 3-month highs
FXStreet (Córdoba) - The US dollar gained momentum during the American session and reached fresh highs across the board, pushing the USD/CHF toward 0.9000. The pair recently hit at 0.8995, the strongest level since February 13.
Currently trades near the highs, eyeing 0.9000 that is an important psychological level. Greenback is rising against the Swiss Franc after falling in the previous two trading days.
USD/CHF levels to watch
To the upside, above 0.9000 immediate resistance could be located at 0.9030 and 0.9060/65 (February 4, 6 highs). On the downside, support might lie at 0.8960 (American session low) and 0.8930/35 (May 26, 27 and 30 low).
Currently trades near the highs, eyeing 0.9000 that is an important psychological level. Greenback is rising against the Swiss Franc after falling in the previous two trading days.
USD/CHF levels to watch
To the upside, above 0.9000 immediate resistance could be located at 0.9030 and 0.9060/65 (February 4, 6 highs). On the downside, support might lie at 0.8960 (American session low) and 0.8930/35 (May 26, 27 and 30 low).