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15 Jan 2015
USD/CHF posts fresh daily highs at 1.0220
FXStreet (Mumbai) - The US dollar advanced against the Swiss franc, extending its long stretch of gains on broad based US dollar strength versus its major peers.
Currently, the USD/CHF traded at fresh day’s high of 1.0220 levels, up 0.32% on the day, having previously posted day’s low at 1.0187 levels. The Swiss franc fell versus the US dollar mainly as the greenback regained strength versus most of its counterparts. The US dollar index, measuring the relative strength of the greenback against a basket of six major currencies, hits fresh intraday highs of 92.53, up 0.24% on the day.
Moreover, the Euro inching towards fresh nine year lows versus the USD also supported the downside in the Swissie.
USD/CHF Technical Levels
To the upside, the next resistance is located at 1.0241 levels and above which it could extend gains to 1.0290 levels. To the downside, immediate support might be located at 1.0132 levels and below that at 1.0 levels.
Currently, the USD/CHF traded at fresh day’s high of 1.0220 levels, up 0.32% on the day, having previously posted day’s low at 1.0187 levels. The Swiss franc fell versus the US dollar mainly as the greenback regained strength versus most of its counterparts. The US dollar index, measuring the relative strength of the greenback against a basket of six major currencies, hits fresh intraday highs of 92.53, up 0.24% on the day.
Moreover, the Euro inching towards fresh nine year lows versus the USD also supported the downside in the Swissie.
USD/CHF Technical Levels
To the upside, the next resistance is located at 1.0241 levels and above which it could extend gains to 1.0290 levels. To the downside, immediate support might be located at 1.0132 levels and below that at 1.0 levels.