FXstreet.com (Barcelona) - USD has found support at 1.1330 against CHF from 1.1389. In fact, USD/CHF has been traded in a small range between 1.1330/70 since yesterday session. Currently, the pair is trading around 1.1345/55 after rising 0.07% from the 1.1338 opening price.
Yesterday, USD/CHF fell 1.04% from the opening price at 1.1457, reaching 1.1487 as maximum and 1.1308 as lowest, to close the day at 1.1338.
The Swiss e Trade Strategy Team says: The dollar is consolidating its lower levels against the Swiss franc in quiet trading this European morning and is currently priced at 1.1340. We expect lower levels to be seen in today's market, but not below 1.1280.