Swiss Franc | Data | Chart | Calendar | Forecast | News
BUZ INVESTORS USDCHF Midday Look The USDCHF increased 0.0012 or 0.12% to 0.9748 on Monday June 19 from 0.9736 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.
USD/CHF is still staying in consolidation above 0.9613 and intraday bias remains neutral first. As long as 0.9807 resistance holds, near term outlook remains bearish as deeper fall is expected. Below 0.9613 will extend the whole decline from 1.0342 to 0.9548 support and below. We’d start to look for bottoming signal again as it approaches 0.9443 key support level. However, considering bullish convergence condition in 4 hour MACD, break of 0.9807 will indicate near term reversal and turn outlook bullish for 1.0099 resistance next.
USDCHF Midday Look
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