FXstreet.com (Córdoba) - The Swiss Franc is rising against the Dollar on Wednesday, recovering after yesterday's losses. USD/CHF rally has been halted at 1.0425 (2-month high) and the pair fell to 1.0350, intra-day low.
If it falls below 1.0350 the next support lies at 1.0320 and 1.0300 (Dec 9, 10 high). On the upside resistance could be located at 1.0380 and above at 1.0400 and 1.04025/30. Currently the pair trades at 1.0552/57, 0.46% below today's opening price.
The Swiss Franc is also higher against the Euro. EUR/CHF fell to 1.5100 reaching the lowest price in a week. The pair failed earlier to consolidate above 1.5130 and weakened. Below 1.5100 the next support lies at 1.5080.