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9 Jul 2013
USD/CHF jumps to 0.9740
FXstreet.com (San Francisco) - The US dollar is currently trading higher against the Swiss franc and after jumping 70 pips in the latest hour, the USD/CHF has broken above the 0.9700 to reach fresh highs level since May 29 around 0.9740.
Currently, the USD/CHF is trading at 0.9740, 1.07% positive on the day. The short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as the MACD, CCI and Momentum are pointing to the north while the stochastic is bearish.
USD/CHF technical levels
Above the 0.9740, next resistances are at 0.9775 and 0.9790 (May 29 high). On the downside, supports are now seen at 0.9665, 0.9625 (Jul 8 low) and 0.9600 (psychological level).
Currently, the USD/CHF is trading at 0.9740, 1.07% positive on the day. The short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as the MACD, CCI and Momentum are pointing to the north while the stochastic is bearish.
USD/CHF technical levels
Above the 0.9740, next resistances are at 0.9775 and 0.9790 (May 29 high). On the downside, supports are now seen at 0.9665, 0.9625 (Jul 8 low) and 0.9600 (psychological level).