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USD/CHF regains 0.9600

FXStreet (Córdoba) - USD/CHF managed to bounce from below 0.9600 and turned positive for the day as the greenback strengthened across the board during the European session.

After bottoming at a 3-week low of 0.9552, USD/CHF found support and climbed to a daily high of 0.9623 before losing momentum and steading in a range below the 50-hour SMA. At time of writing, the pair is trading at 0.9610, recording a 0.19% gain on the day.

USD/CHF technical levels

As for technical levels, USD/CHF could find immediate resistances at 0.9645 (10-day SMA), 0.9688 (Nov 14 high) and 0.9700 (Nov 11 high/psychological level). On the other hand, supports are seen at 0.9552 (Nov 17 low), 0.9513 (50-day SMA) and 0.9500 (psychological level).

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