FXstreet.com (Córdoba) - Greenback failed to hold to gains against the Swiss Franc. During the American session USD/CHF moved away from intra-day high at 1.0350 and fell to 1.0307 (session low). The pair is falling for the second day in a row, after being unable to hold above 1.0400 last week.

On the upside resistance lies at 1.0360 (Oct 02 high) and above at 1.0380. Below 1.0300, support is located at 1.0275 (Sept 28 low).

The Swiss is losing ground against the Euro on Monday. EUR/CHF Is holding above 1.5100 and during the American session rose to 1.5128, posting a fresh intra-day high. On a wider point of view the pair is still facing a strong downside pressure.