BUZ INVESTORS USDCHF decreased 0.0033 The pair stuck in this trend on the hourly chart. If a sustained break does occur above the trendline, a plausible target could be the January 3 high close to 1.0330, a level also reached on December 15 last year and on November 27, 2015. On the downside, the 50- and 20-day moving averages provide support at 1.0037 and 0.9991 respectively, while parity itself could provide psychological support. A stop could therefore be placed around 0.9950 to prevent further losses if those supports fail to hold.
The USDCHF decreased 0.0033 or 0.32% to 1.0028 on Friday April 14 from 1.0060 in the previous trading session. Historically, the Swiss Franc reached an all time high of 3.88 in April of 1972 and a record low of 0.72 in August of 2011.
Click here for reuse options!