FXstreet.com (Barcelona) - USD/CHF has fallen 160 pips from 1.1472, in the early European session, to the 1.1308, today's lowest. The pair has fallen 1.20% from the 1.1391 opening price.
Currently, the pair is trading around 1.1320/30 band.
According to Valeria Bednarik, FXstreet.com collaborator, USD/CHF is bearish: Falling quickly following market movements, hourly chats show the volume remains good here and indicators pointing for more loses. Break under 1.1354 suggest a bearish continuation as long as the resistance remains intact.
Bednarik provides us with her levels: Support levels: 1.1310 1.1286 1.1265. Resistance levels: 1.1354 1.1392 1.1440