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9 Aug 2013
USD/CHF rallies to daily highs
FXstreet.com (New York) - The USD/CHF foreign exchange rate surged to fresh highs Friday, having recently capped at 0.9219 during US trading.
USD/CHF strategic bias
According to the Technical Analyst Team at ICN.com, “The USD/CHF is currently stable around 88.6% correction at 0.9200. But Linear Regression Indicators are still negative and the pair isn’t responding to the positive stochastic forcing us to think that the bearish possibility is still valid during the U.S. session.”
USD/CHF technical levels
At the time of writing, the USD/CHF is presently operating at 0.9216 Friday, climbing at a rate of +0.10% above its opening. Technically speaking, the USD/CHF is constrained by resistances at 0.9229, onto 0.9258, and finally 0.9285, calculates the Mataf.net analyst team.
USD/CHF strategic bias
According to the Technical Analyst Team at ICN.com, “The USD/CHF is currently stable around 88.6% correction at 0.9200. But Linear Regression Indicators are still negative and the pair isn’t responding to the positive stochastic forcing us to think that the bearish possibility is still valid during the U.S. session.”
USD/CHF technical levels
At the time of writing, the USD/CHF is presently operating at 0.9216 Friday, climbing at a rate of +0.10% above its opening. Technically speaking, the USD/CHF is constrained by resistances at 0.9229, onto 0.9258, and finally 0.9285, calculates the Mataf.net analyst team.