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22 Nov 2013
USD/CHF 0.62% down below 0.9080
FXstreet.com (Chicago) - USD/CHF fell hard throughout the day to accumulate a daily loss of 0.62% after the reaction from market participants to speculations about the Fed.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9070 and oscillates around the 50% Fibonacci level (0.89/ 0.9240). On the downside, supports are aligned at 0.9046 (September 30th lows), 0.90 (October 17th lows) followed by 0.8965 (October 19th highs) while resistances are set at 0.9077 (November 19th lows), 0.9122 (November 21st lows) followed by 0.9191 (November 20th highs). Falling from 0.9151 session highs, the pair follows the Aussie in terms of major losses and accumulates a total of 62 pips given in so far today for a weekly 0.82% retracement.
USD/CHF Technical Levels
Technically speaking, the pair is offered at 0.9070 and oscillates around the 50% Fibonacci level (0.89/ 0.9240). On the downside, supports are aligned at 0.9046 (September 30th lows), 0.90 (October 17th lows) followed by 0.8965 (October 19th highs) while resistances are set at 0.9077 (November 19th lows), 0.9122 (November 21st lows) followed by 0.9191 (November 20th highs). Falling from 0.9151 session highs, the pair follows the Aussie in terms of major losses and accumulates a total of 62 pips given in so far today for a weekly 0.82% retracement.