OctaFX | OctaFX Forex Broker
Open trading account
Back

USD/CHF find support around 0.9300

FXStreet (Córdoba) - Greenback weakened across the board and pushed USD/CHF to the downside. The pair bottomed at 0.9299, hitting a 1-week low. Afterwards bounced to the upside and currently trades at 0.9314/16, 0.37% below today’s opening price.

Reports from China and speculations about the FED, weakened the US dollar that managed to stabilized in the last hour. Tomorrow during the American session the FOMC will announced its decision on monetary policy and Janet Yellen will held a press conference.

USD/CHF technical levels

To the upside, inmediate resistance could be located at 0.9345/50 (session high) and above at 0.9370/75 (September 15 high). On the opposite direction, support might lie around the 0.9300 zone and below here at 0.9280 and then 0.9210/15.

US stocks rise, USD plummets

Equities in Wall Street were rising on Tuesday while European markets finished with losses.
Read more Previous

USD/JPY bulls are defiant

USD/JPY is trading at 107.09, down -0.09% on the day, having posted a daily high at 107.35 and low at 106.81
Read more Next
Start livechat