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Forex: USD/CHF falls back to weekly lows

FXstreet.com (Córdoba) - After being rejected by the 0.9325 area, USD/CHF resumed the downside and retested this week's lows, although the Swissy lacked strength enough to drag the cross below the 0.9260/65 support zone.

USD/CHF has been seesawing within the 0.9265/0.9340 range over the last days, unable to set fresh direction. Having hit a daily low at 0.9265, roughly the same level than yesterday, the pair is currently trading around 0.9270/75, still 0.4% below its opening price.

As for technical levels, the Mataf.net analyst team locates immediate supports at 0.9265, 0.9240 and 0.9200, while they see resistances at 0.9290, 0.9330 and 0.9365.

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