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3 Feb 2015
USD/CHF back above 0.9200 after brief dip
FXStreet (Córdoba) - USD/CHF retreated further during the New York session as the dollar extends weakness versus European peers, without a clear trigger for the wave of USD selling.
USD/CHF extended its pullback from 2-week highs and briefly dropped below 0.9200, posting a low of 0.9184 before finding support. At time of writing, the pair is trading at 0.9227, 0.51% below its opening price.
USD/CHF levels to watch
In terms of technical levels, next supports are seen at 0.9184 (daily low), 0.9169 (Jan 30 low) and 0.9100 (psychological level). On the other hand, resistances could be found at 0.9295 (daily high), 0.9321 (21-day SMA) and 0.9344 (Feb 2 high).
USD/CHF extended its pullback from 2-week highs and briefly dropped below 0.9200, posting a low of 0.9184 before finding support. At time of writing, the pair is trading at 0.9227, 0.51% below its opening price.
USD/CHF levels to watch
In terms of technical levels, next supports are seen at 0.9184 (daily low), 0.9169 (Jan 30 low) and 0.9100 (psychological level). On the other hand, resistances could be found at 0.9295 (daily high), 0.9321 (21-day SMA) and 0.9344 (Feb 2 high).