FXstreet.com (Barcelona) - The Dollar's decline from 1.0280 against the Swissy in the early European session has found support at MA55 hourly chart at 1.0215 with the USD/CHF rising to test back 1.0250. Currently the pair is trading around 1.0245/55, 0.20% below today's opening price action.
The Kshitij Consultancy Service Team comments: Swiss fell during the day from 1.0281 and recorded a low of 1.0219. The Support in 1.0230-00 region has held and it has risen and trading above this Support region now. If it continues to trade above this Support region, we might see a rise towards 1.0330-50 over the next few sessions. On the downside a break below 1.0200 might pull it down towards 1.0175-50. The pair is now looking mixed with 50-50 chances of move on either side.