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28 Aug 2013
USD/CHF rockets as euro breaks below 1.3320
FXstreet.com (San Francisco) - The US Dollar is currently rallying against the Swiss Franc as more winds of war are hurting global sentiment.
The USD/CHF joined its negative correlation with the EUR/USD and as it broken down the 1.3320 support, the USD/CHF jumped to intra-day highs around 0.9235.
USD/CHF bias sentiment
Currently, the USD/CHF is trading at 0.9230, 0.57% positive on the day. The Short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
Above the 0.9235, next resistances are at 0.9245 and 0.9260. On the downside, supports are at 0.9220, 0.9200 and 0.9170.
The USD/CHF joined its negative correlation with the EUR/USD and as it broken down the 1.3320 support, the USD/CHF jumped to intra-day highs around 0.9235.
USD/CHF bias sentiment
Currently, the USD/CHF is trading at 0.9230, 0.57% positive on the day. The Short term perspective is slightly bullish according to the FXstreet.com trend index in the 15-minute chart. Indicators such as MACD, CCI and Momentum are pointing to the north while the Stochastic is bearish.
Above the 0.9235, next resistances are at 0.9245 and 0.9260. On the downside, supports are at 0.9220, 0.9200 and 0.9170.