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10 Dec 2014
USD/CHF hits fresh lows at 0.9670
FXStreet (Córdoba) - USD/CHF broke below 0.9690 and dropped to 0.9670 reaching a fresh daily low. The pair was holding below 0.9690 with bearish momentum.
USD/CHF breaks range
The pair traded during most of the day in a range with support at 0.9690 and resistance at 0.9720/25. After testing once again the upper limit, turned to the downside and broke the support, as EUR/USD rose to fresh highs above 1.2400.
Despite the recent movements, today’s price range still remained inside yesterday’s range. USD/CHF was headed toward the third daily decline in a row.
USD/CHF breaks range
The pair traded during most of the day in a range with support at 0.9690 and resistance at 0.9720/25. After testing once again the upper limit, turned to the downside and broke the support, as EUR/USD rose to fresh highs above 1.2400.
Despite the recent movements, today’s price range still remained inside yesterday’s range. USD/CHF was headed toward the third daily decline in a row.