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Forex: USD/CHF holds above 0.9485 at the Friday's close

FXstreet.com (San Francisco) - The US dollar retraced from the 0.9500 area against the Swissy after the UK closing bell with th pair trading back to test the 0.9485 level where the pair has been trading almost unchanged in the latest few hours.

Currently the pair is, as said, at 0.9486, 0.08% below the Friday's opening. The USD/HCF is slightly bearish according to the FXstreet.com forex studies with indicators such as CCI and Momentun pointing south while the MACD and the Stochastic are neutral.

Below the 0.9485 level, the USD/CHF will face supports at 0.9465 (March 28 low) and 0.9430. On the upside, resistances are at 0.9500, 0.9510 (intra-day high) and 0.9555.

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