FXstreet.com (Córdoba) - The Dollar is slightly up against the Swiss Franc. USD/CHF is testing 1.0100 for the third time so far today. Currently the pair trades at 1.0090/95, 0.13% above today's opening price. If Greenback fails to break above it could regain the downside.
Above 1.0100, the next resistance lies at 1.0125/30 (Nov 3, 4 and 6 low) and 1.0150. To the downside, support is located at 1.0055/50 (Nov 9 low).
Valeria Bednarik, collaborator at FXstreet.com affirms: Also ranging, pair has halted just under the 1.0100 level, yet keeps pushing higher supported by hourly indicators, that just gave very shy bullish signals. Pair needs to break above 1.0300 to extend the upside rally, yet 1.0200 will halt any further attempt to rise. Bigger time frames indicators show signs of exhaustion to the downside, with no signs o reversal yet.