Our best spreads and conditions
Learn more
Forex News
Back
May 10, 2013
Forex: USD/CHF takes a breather
FXstreet.com (Córdoba) - The US dollar is taking a breather, consolidating its recent gains versus the franc, after reaching an 8-month peak of 0.9588 during the European session.
USD/CHF rallied over 230 pips within the last sessions as the greenback soared across the board, and it is currently trading around 0.9565, where it records a 0.9% daily gain.
In terms of technical levels, the Mataf.net analyst team locates next resistance levels at 0.9590, 0.9610 and 0.9650, while they see supports at 0.9535, 0.9465 and 0.9405.
USD/CHF rallied over 230 pips within the last sessions as the greenback soared across the board, and it is currently trading around 0.9565, where it records a 0.9% daily gain.
In terms of technical levels, the Mataf.net analyst team locates next resistance levels at 0.9590, 0.9610 and 0.9650, while they see supports at 0.9535, 0.9465 and 0.9405.