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USD/CHF falls below 0.9455

FXStreet (Córdoba) - The Swiss franc is rising again the US dollar and the euro on Monday after rallying during the European session. USD/CHF peaked at the beginning of the week at 0.9479, reaching the highest price since last Thursday and on European hours rose back to test daily highs.

The area around 0.9480 capped the upside and the pair started to pullback. After breaking below 0.9455 (Asia session low) accelerated and bottomed at 0.9437.

USD/CHF between 0.9480 and 0.9395

Since last Thursday the pair is moving in ranges, sideways with support above 0.9395 and resistance around the 0.9480 area. An intermediate level to consider is located at 0.9430/35 (daily low).

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