USD/CHF: Strong rebound on 1.1650; 1.1780 on focus

By @ibtimes on

FXstreet.com (Barcelona) - USD/CHF drop from 1.1750 has found support on 1.1650 to rally strongly during early European session breaking minor resistance at 1.1715 to continue towards 1.1780, Feb 10 high.

The USD/CHF looks on a strongly bullish trend, decided to break key resistance level at 1.1780, success on going through that level would put the Dollar at the highest level since early December, which could increase buying pressure towards Nov 25 low at 1.1828, and above there Dic 12 high at 1.1870.

Join the Discussion