USD/CHF resumes the rise

FXstreet.com (Córdoba) - Following a short-lived dip, USD/CHF resumed its rise during the American session, as the greenback recovered broadly.

USD/CHF dropped to a session low of 0.9212 following disappointing US data, but managed to bounce and rose back to the 0.9235 zone afterward. At time of writing, USD/CHF is trading at the 0.9230 zone, where it is still up 0.2% on the day.

USD/CHF technical levels

In terms of technical levels, USD/CHF might find immediate resistances at 0.9250 (10-day SMA) and 0.9263 (Aug 23 high), while supports are seen at 0.9190 (Aug 23 low) and 0.9165 (Aug 21 low).