FXstreet.com (Barcelona) - After rising around 100 pips from 1.1391 to 1.1488, USD/CHF is testing again the 1.1490 resistance level. Currently, the pair is trading around 1.70/80.
Today, the pair has risen 0.86% from today's opening price at 1.1368.
According to Valeria Bednarik, FXstreet.com collaborator, USD/CHF is bullish: Bullish Sentiment gains with the Upswing from the Daily Pivot @ 1.1382 as Price is held by the 200Hourly SMA @ 1.1432 for now. Clearance here bring further Continuation to the Daily Dynamic Resistance Levels of 1.1443 and 1.1475, followed by Daily Static Resistance @ 1.1536. Any further gain brings 1.1564 and 1.1598 although Over-Extension is distant here in the Near-Term. Downside Risk bring s 1.1346 Static Support followed Dynamically by 1.1321. Further Depreciation sees 1.12 91 and 1.1259 followed in the Extreme by 1.1228.
Bednarik provides us with her levels: SUPPORT: 1.1346 1.1291 1.1259 1.1228. RESISTANCE: 1.1443 1.1475 1.1536 1.1569 1.1600
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