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USD/CHF crashes to session lows at 0.9600 level

FXstreet.com (Barcelona) - After trading as high as 0.9791 earlier today (session high), the USD/CHF has utterly collapsed during European trading Wednesday, crashing through calculated support.

With some key economic data slated for release later at 12:00 GMT in Germany, the pair was seen incurring a loss of -1.65% off its opening, while settling at 0.9605/11 in these moments, establishing fresh intraday lows. Should the losses continue, Mataf.net analysts identify the next short-term supports at 0.9549 (after a previous drop below support at 0.9675 and 0.9602).

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