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9 Apr 2015
USD/CHF hits 2-week highs
FXStreet (Córdoba) - USD/CHF broke above 0.9730 and jumped to 0.9767 reaching the highest level since March 23 amid a stronger dollar across the board.
Greenback gained momentum during the last hours, particularly against European currencies. The US dollar also reach fresh highs versus the pound and the euro and erased losses against the yen and commodity currencies.
USD/CHF keeps rising
The pair is rising for the fourth day in a row, accumulating a gain of 250 pips since the beginning of the current week. Today is breaking above March 31 highs and the 0.9750 area. If it holds the technical outlook could continue to favor the bullish bias. Above 0.9770, resistance levels could be located at 0.9810 (Mar 23 high) and 0.9845/50.
Greenback gained momentum during the last hours, particularly against European currencies. The US dollar also reach fresh highs versus the pound and the euro and erased losses against the yen and commodity currencies.
USD/CHF keeps rising
The pair is rising for the fourth day in a row, accumulating a gain of 250 pips since the beginning of the current week. Today is breaking above March 31 highs and the 0.9750 area. If it holds the technical outlook could continue to favor the bullish bias. Above 0.9770, resistance levels could be located at 0.9810 (Mar 23 high) and 0.9845/50.