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20 Sep 2013
USD/CHF clings to 0.9100
FXstreet.com (Córdoba) - The USD/CHF continues to consolidate within a tight range centered at 0.9100 Friday as the pair was confined to sideways trading since Fed decision.
USD/CHF stuck around 0.9100
Unable to pick fresh momentum to either side of the board, USD/CHF has spent the last 2 days mostly between 0.9090 and 0.9130. At time of writing, the pair is trading at the 0.9110 zone, virtually unchanged since opening.
USD/CHF levels to watch
On the downside, a break of 0.9090 would pave the way to 0.9060 (Feb 6 low) and 0.9020 (2013 low Feb 1). On the other hand, a recovery above 0.9130 could see the pair rising to 0.9150 (Aug 20 low) and 0.9200 (psychological level).
USD/CHF stuck around 0.9100
Unable to pick fresh momentum to either side of the board, USD/CHF has spent the last 2 days mostly between 0.9090 and 0.9130. At time of writing, the pair is trading at the 0.9110 zone, virtually unchanged since opening.
USD/CHF levels to watch
On the downside, a break of 0.9090 would pave the way to 0.9060 (Feb 6 low) and 0.9020 (2013 low Feb 1). On the other hand, a recovery above 0.9130 could see the pair rising to 0.9150 (Aug 20 low) and 0.9200 (psychological level).