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11 Sep 2013
USD/CHF falls to September's lows at 0.9285
FXstreet.com (San Francisco) - The USD/CHF extended its decline from 0.9370 in the American session as the pair broke below the 0.9300 mark and it reached the lowest price since August 29 at 0.9285.
USD/CHF Bias
Currently, the Dollar is trading at 0.9300 against the Swiss Franc, performing 0.50% negative in the day. The short term perspective is slightly bearish according to the FXstreet.com Trend Index in the 1-hour chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bullish.
As for technical levels, below the 0.9300 are, the USD/CHF would face immediate supports at 0.9284 (20-day SMA) and 0.9170, while resistances are seen at 0.9370 (daily high) and 0.9400 (psychological level).
USD/CHF Bias
Currently, the Dollar is trading at 0.9300 against the Swiss Franc, performing 0.50% negative in the day. The short term perspective is slightly bearish according to the FXstreet.com Trend Index in the 1-hour chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bullish.
As for technical levels, below the 0.9300 are, the USD/CHF would face immediate supports at 0.9284 (20-day SMA) and 0.9170, while resistances are seen at 0.9370 (daily high) and 0.9400 (psychological level).