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31 Dec 2013
USD/CHF regains 0.8900
FXstreet.com (Córdoba) - The USD/CHF is staging a mild recovery, erasing previous day's gains and regaining the 0.8900 mark.
Moving in tandem with the euro, the franc weakened Tuesday sending the USD/CHF to a daily high of 0.8918 at the beginning of the New York session. At time of writing, the USD/CHF is trading at the 0.8910 zone, recording a 0.4% gain on the day.
USD/CHF technical levels
In terms of technical levels, the USD/CHF could find immediate resistances at 0.8918 (daily high), 0.8931 (Dec 30 high) and 0.8968 (Dec 23 & 26 highs). On the other hand, supports are seen at 0.8865 (daily low), 0.8830 (Dec 17 low) and 0.8800 (psychological level).
Moving in tandem with the euro, the franc weakened Tuesday sending the USD/CHF to a daily high of 0.8918 at the beginning of the New York session. At time of writing, the USD/CHF is trading at the 0.8910 zone, recording a 0.4% gain on the day.
USD/CHF technical levels
In terms of technical levels, the USD/CHF could find immediate resistances at 0.8918 (daily high), 0.8931 (Dec 30 high) and 0.8968 (Dec 23 & 26 highs). On the other hand, supports are seen at 0.8865 (daily low), 0.8830 (Dec 17 low) and 0.8800 (psychological level).