FXstreet.com (Barcelona) - USD/CHF is back close to 1.1700 level after reaching a fresh 4-weeks high at 1.1743. Currently, the pair is trading around 1.1695/1.1705, 0.10% increases from today's opening price.
According to Valeria Bednarik, FXstreet.com collaborator, bullish bias remains intact: Bullish strength remains intact in the pair, and the pair is consolidating close to today's high, moving since past Asian opening in a tight range. Above 1.1716 that continues to be today's high, also a previous weekly high and the pair could continue dominant trend. Indicators turned flat due to last hours consolidation, no clear sign from there. Under 1.1645 zone, some selling pressure could be seen.
Valeria provides us with her today's levels: Support levels: 1.1645 1.1620 1.1585. Resistance levels: 1.1716 1.1770 1.1810
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