FXstreet.com (Barcelona) - After falling from intra-day high at 1.0421 to 1.0370 in a rejection movement, USD/CHF has begun to rise again, attempting to consolidate levels above 1.0400. Currently the pair is trading around 1.0400/10, 0.45% above today's opening price action at 1.0359.
The Swiss e Trade team comments: After reaching a low of 1.0340 the Dollar recovered somewhat in late Asian and early European trading hours. That could continue in low volatility, but we can't see any tradable upside potential. Trading right now at 1.0410, we rather see another test of the lows today.