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3 Mar 2015
USD/CHF rising for the fourth day in a row
FXStreet (Córdoba) - The US dollar is about to post the fourth daily gain in a row against the Swiss franc and the highest close since the Swiss National Bank abandoned the EUR/CHF cap.
USD/CHF peaked during the European session at 0.9617 and then pulled back, finding support above 0.9570. Price rebounded and after European markets closed and rose back above 0.9600.
USD/CHF levels to watch
Greenback continues to move with an upside bias, rising at a modest pace. For the first time in a month is trading above 0.9600. Resistance levels could be located at 0.9620 and above at 0.9660 and 0.9700. On the opposite direction support might lie at 0.9545/50, 0.9510 and 0.9445.
USD/CHF peaked during the European session at 0.9617 and then pulled back, finding support above 0.9570. Price rebounded and after European markets closed and rose back above 0.9600.
USD/CHF levels to watch
Greenback continues to move with an upside bias, rising at a modest pace. For the first time in a month is trading above 0.9600. Resistance levels could be located at 0.9620 and above at 0.9660 and 0.9700. On the opposite direction support might lie at 0.9545/50, 0.9510 and 0.9445.