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USD/CHF finds support at 0.9660

FXStreet (Córdoba) - USD/CHF is trading unchanged on Tuesday, steady so far after finding support at the 0.9660 area. Yesterday the pair failed to hold above 0.9700 and retreated.

On Tuesday greenback moved with an upside bias since the beginning of the day and peaked at 0.9689 but then turned bearish and erased all gains and fell to test the 0.9660 area, that capped the decline.

USD/CHF technical levels

Ahead of GDP data from the US, currently trades at 0.9665, at the same price it closed yesterday, near the immediate resistance that lies around 0.9660 (Nov 24, 25 low); below the next could be located at 0.9635 and 0.9620 (Nov 12, 13 low).

To the upside, resistance might lie at 0.9690 (daily high, Nov 14 high) and above here at 0.9725/30 (Nov 24 high) and 0.9750.

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