The USD extended gains versus the CHF and printed a fresh 2-week - TopicsExpress



          

The USD extended gains versus the CHF and printed a fresh 2-week high during a quiet American session. USD/CHF rises above 200-day SMA USD/CHF pierced above the 200-day SMA (0.9343) and reached its strongest level since Aug 15 at 0.9347 in recent dealings, before losing momentum. At time of writing, USD/CHF is trading at the 0.9340/45 zone where it records a 0.3% gain on the day. USD/CHF technical levels In terms of technical levels, immediate resistances are seen at 0.9347 (daily high) and 0.9395 (100-day SMA), while supports could be found at 0.9310 (daily lows) and 0.9288 (Aug 30 low).
Posted on: Mon, 02 Sep 2013 15:51:40 +0000

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