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19 Sep 2013
USD/CHF hovers over 0.9100
FXstreet.com (Córdoba) - The USD/CHF has steadied just above the 0.9100 psychological level during the New York session, after the Fed decision saw the pair dropped more than 170 pips the previous day.
The USD/CHF has spent most of the day in a tight range bounded by 0.9089 on the downside (7-monthlow) and 0.9135 on the upside, with the latest string of US solid data going virtually unnoticed.
USD/CHF technical levels
At time of writing, USD/CHF is trading at the 0.9110 zone, just a few pips below its opening price, with immediate supports lining up at 0.9089 (daily low) and 0.9063 (Feb 7 low), while resistances seen at 0.9135 (daily high) and 0.9145 (Aug 20 low) ahead of 0.9200 (psychological level).
The USD/CHF has spent most of the day in a tight range bounded by 0.9089 on the downside (7-monthlow) and 0.9135 on the upside, with the latest string of US solid data going virtually unnoticed.
USD/CHF technical levels
At time of writing, USD/CHF is trading at the 0.9110 zone, just a few pips below its opening price, with immediate supports lining up at 0.9089 (daily low) and 0.9063 (Feb 7 low), while resistances seen at 0.9135 (daily high) and 0.9145 (Aug 20 low) ahead of 0.9200 (psychological level).