16 Jun 2015
USD/CHF hovering around 0.9300
FXStreet (Córdoba) - USD/CHF is trading slightly higher on Tuesday, currently around 0.9310, 20 pips above yesterday’s closing price. During the last hours the pair has remained steady moving between 0.9300 and 0.9330.
USD/CHF down and up
The pair dropped during the Asian session to test yesterday’s lows and bottomed at 0.9270 but then rebounded. On European hours, as the US dollar gained momentum against the Euro climbed to 0.9333, reaching the strongest level for the day. Afterward pulled back toward 0.9300.
USD/CHF continues to move sideways with a strong support above 0.9220 (June lows) and to the upside, unable to hold above 0.9350. Today’s price action remains limited as traders await tomorrow’s FOMC statement and Yellen’s press conference.
USD/CHF down and up
The pair dropped during the Asian session to test yesterday’s lows and bottomed at 0.9270 but then rebounded. On European hours, as the US dollar gained momentum against the Euro climbed to 0.9333, reaching the strongest level for the day. Afterward pulled back toward 0.9300.
USD/CHF continues to move sideways with a strong support above 0.9220 (June lows) and to the upside, unable to hold above 0.9350. Today’s price action remains limited as traders await tomorrow’s FOMC statement and Yellen’s press conference.