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5 May 2015
USD/CHF falls to 3-month low
FXStreet (Córdoba) - USD/CHF fell more than 180 pips during the last hours and printed a 3-month low amid broad dollar weakness triggered by US trade data.
USD/CHF broke below the 0.9275 support area and stretched to its lowest level since Feb 11 at 0.9237. At time of writing, the pair is trading at 0.9250, recording a 0.9% loss on the day.
USD/CHF levels to watch
As for technical levels, immediate supports are seen at 0.9237(daily low) and 0.9228 (Feb 11 low) ahead of 0.9200 (psychological level). On the flip side, resistances are seen at 0.9411 (daily high) and 0.9449 (10-day SMA).
USD/CHF broke below the 0.9275 support area and stretched to its lowest level since Feb 11 at 0.9237. At time of writing, the pair is trading at 0.9250, recording a 0.9% loss on the day.
USD/CHF levels to watch
As for technical levels, immediate supports are seen at 0.9237(daily low) and 0.9228 (Feb 11 low) ahead of 0.9200 (psychological level). On the flip side, resistances are seen at 0.9411 (daily high) and 0.9449 (10-day SMA).