FXstreet.com (Barcelona) - The USD/CHF's rally from 1.0545, in the early Asian session, has found resistance at 1.0600/10 zone after rising around 65 pips during the European session. Currently the pair has slid below 1.0600, and it is trading around 1.0585/95, posting 0.10% daily gains from opening price action.
George Clement, analyst at Swiss e trade, comments: The Dollar still hovers near its lows against the Swiss Franc, currently trading at 1.0570 in low volatility this European morning. Recovery moves, which could set in soon, will most probably not exceed substantially the 1.0640 level. A continued consolidation on low levels then is likely.