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5 Feb 2015
USD/CHF approaches to 0.9300
FXStreet (Córdoba) - The Swiss franc weakened across the board during the last two hours and extended losses. USD/CHF rose further and printed a fresh 2-day high at 0.9292. Currently trades at 0.9290, up 0.68% for the day.
Yesterday the pair finished unchanged after moving during all day sideways around 0.9250. Today the bias points to the upside. Above 0.9300, USD/CHF could face resistance at 0.9325/30, followed by 0.9345 (Feb 02 high).
On the downside, recent declined found support around 0.9200, a consolidation bleow could trigger a US dollar rally. Support levels below might lie at 0.9165 (Jan 30 low) and 0.9115.
Yesterday the pair finished unchanged after moving during all day sideways around 0.9250. Today the bias points to the upside. Above 0.9300, USD/CHF could face resistance at 0.9325/30, followed by 0.9345 (Feb 02 high).
On the downside, recent declined found support around 0.9200, a consolidation bleow could trigger a US dollar rally. Support levels below might lie at 0.9165 (Jan 30 low) and 0.9115.