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USD/CHF testing August lows

FXStreet (Córdoba) - The USD/CHF is falling on Thursday and recently bottomed at 0.9033, reaching the lowest price in almost a week. Afterwards bounced to the upside and currently trades at 0.9058, down 0.15% for the day so far.

During the Asian session the USD/CHF failed to hold above 0.9080 and turned to the downside. The decline found support in an important area where August lows lie. If the price falls below 0.9030, it would be trading at levels not seen since July 28.

EUR/CHF drops further

THe Swiss Franc is the best performer on Thursday among european currencies and is also rising against the Euro. The EUR/CHF recently fell to 1.2108, 5-month low and it could post the lowest daily close since January 2013.

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