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USD/CHF Climbs to Session High Despite Weak Dollar

09/19/2018
at 11:25 AM

USD/CHF built the overnight momentum above 0.9600 handle and climbed up from 5 months lows for the second consecutive session. The pair remains unaffected by the broader Dollar weakness. The continues improved in risk appetite is keeping the CHF under pressure. 

Technical Levels to Watch

Follow through strength above 0.9675 may extend to 0.9700 handle followed by 200 day MA at 0.9740. On the downside, 0.9600 remains initial support followed by 0.9575 and then 0.9535.