USD/CHF hits fresh highs but loses momentum

FXstreet.com (Córdoba) - The USD/CHF pushed higher and printed fresh daily highs during the American session as the greenback gained momentum following strong US data.

However, moves remain shy in holiday-thinned trade with USD/CHF slowing after hitting a 4-day high of 0.8971. At time of writing, the USD/CHF is trading at 0.8965, recording a 0.3% gain on Tuesday.

USD/CHF technical levels

In terms of technical levels, the USD/CHF might face resistances at 0.8971 (daily high), 0.9000 (psychological level) and 0.9048 (Dec 5 high). Meanwhile, supports are seen at 0.8915 (10-day SMA), 0.8900 (psychological level) and 0.8840 (Dec 18 low).