FXstreet.com (Córdoba) - The Swiss Franc rose on Monday reaching a fresh 13-month low. USD/CHF fell to 1.0326 after the opening bell at Wall Street, posting the lowest price since July 29 of 2008. Greenback fell against the Swiss for the seventh consecutive day, accumulating a decrease of more than 300 pips. In the last hours the pair moved with a downside bias. In case the pair breaks below 1.0325, the next support lies at 1.0310 (July 25 2008 low) and below at 1.0250. On the upside, resistance is located at 1.0365 and above at 1.0430.
The Swiss also rose against Cable. GBP/CHF fell to 1.7126 posting a fresh 3-month low. The Pound is now on a recovery path; the next resistance above 1.7160 lies at 1.7190.