FXstreet.com (Córdoba) - The Dollar has lost most of Friday's gains against the Swiss Franc. USD/CHF failed to hold above 1.0100 and fell to 1.0047. The pair continues to move away from the high of the day that lies at 1.0176. Since the beginning of the American session Greenback has fallen almost a hundred pips.
Below 1.0050 the next support is located at 1.0025/20 (intra-day low) and 0.9990. To the upside, resistance lies at 1.0090 and above at 1.0140 and 1.0175 (intra-day high).
According to Valeria Bednarik, Fxstreet.com collaborator, only clear break of 1.0240 could confirm a more interesting upside extension. She affirms: Bigger time frames support the bias, while under 1.0100 pair will lost momentum and probably fell back close to parity.