FXstreet.com (Barcelona) - USD has fallen around around 90 pips against CHF last hour from 1.1691 to 1.1600 new intra-week low. Currently the pair is trading 1.1615/25 after falling 0.60% so far today from opening price at 1.1681.
According to Valeria Bednarik, FXstreet.com collaborator, USD/CHF is still bearish: Still inside yet slightly bearish, the pair is attempting to break the range to the downside. Indicators support the bearish bias, being 1.1520/40 zone, the main target for today. Volume is high, while 20 SMA remains flat.
Bednarik provides us with her levels: Support levels: 1.1630 1.1600 1.1540. Resistance levels: 1.1660 1.1716 1.1740
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