FXstreet.com (Barcelona) - The Dollar's rejection from 1.0320 resistance against the Swissy has extending further during the European session to break MA55 hourly chart at 1.0290 and trade close to 1.0270. Currently the pair is trading around 1.0275/85, 0.20% above today's opening price at 1.0263.
Steve Nigg, analyst at Swiss e Trade, doesn't see specific trends in the pair: The USD / CHF has recovered from yesterday's fall and is currently trading at 1.0307. Trading volume in the USD / CHF has dwindled in the European market and movement has been restricted to a narrow range between 1.0300 and 1.0320 this morning. No recommendation.