FXstreet.com (Barcelona) - The Dollar continues losing ground against the Swiss Frank, yesterday's rally from 1.1460 has been capped at 1.1711 on Monday's late U.S. session but the pair failed to hold above 1.1660, and it has dropped more than 120 pips on Tuesday's Early European session breaking support line at 1.1600 on its way to 1.1560.

On its way down, the USD could find support at 1.1560 (Feb 12 & Feb 13 low), below here, next potential support line comes at the area 1.1500/12 (Feb 9, 10, and 11 low), and below here, 1.1460, Feb 20 & Feb 23 low.

On the upside, a reaction above 1.1600, could bring the pair towards 1.1660, before setting another attempt to break resistance at 1.1715.