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27 Sep 2013
USD/CHF nears February lows
FXstreet.com (Córdoba) - The USD/CHF has extended losses as once it broke below the 0.9075 support area, selling pressure intensified over the pair.
USD/CHF steady after US data
US personal spending and income data offered little surprise coming mainly in line with expectations and barely affecting the greenback. USD/CHF stretched to a fresh nearly 8-month low of 0.9030 in recent dealings and it is currently around 0.9040, recording a 0.7% loss on the day.
USD/CHF technical levels
As for technical levels, USD/CHF could find immediate supports at 0.9020 (Feb 1 low) and 0.9000 (psychological level), while resistances are seen at 0.9110 (daily high) and 0.9135 (10-day SMA).
USD/CHF steady after US data
US personal spending and income data offered little surprise coming mainly in line with expectations and barely affecting the greenback. USD/CHF stretched to a fresh nearly 8-month low of 0.9030 in recent dealings and it is currently around 0.9040, recording a 0.7% loss on the day.
USD/CHF technical levels
As for technical levels, USD/CHF could find immediate supports at 0.9020 (Feb 1 low) and 0.9000 (psychological level), while resistances are seen at 0.9110 (daily high) and 0.9135 (10-day SMA).