FXstreet.com (Barcelona) - Dollar has continued rising in the American session against the Swissy with the pair climbing around 60 pips in the last hour to post 1.0692 as fresh 1-week high. The pair has broken the MA200 level at 1.0675 and currently is trading around 1.0680/90, reaching 0.55% daily gains from opening price action.
Valeria Bednarik, FXstreet.com collaborator, comments: Breaking higher, pair is halting around 200 EMA in the hourly, with indicators pointing for further rises; break above 1.0700 will confirm a midterm continuation with 1.0850 as final target, roof of the descendant daily channel the pair is moving in.
Bednarik provide us with her levels for today: Support levels: 1.0630 1.0600 1.0580. Resistance levels: 1.0700 1.0730.