Amount

USD/CHF jumps to 0.9234, five-month high

Posted by forex 599 days ago (http://www.fxstreet.com)

forex news - The Greenback broke above the 0.9200 round price, and jumped to 0.9234 (five-month high) twice, recording a new intraday high at this mentioned price, after trading around the 0.9200 area during the European session. At the time of writing, the cross is quoting at 0.9220 (+0.12%).

According to the technical analysis and following Mataf.net, on the upside, the pair shows a first resistance at 0.9230, followed by the 0.9265 zone, and above of this area, the next resistance level is found at 0.9310.

On a downtrend perspective, the first support area lies at 0.9180, and below of this at 0.9135, showing the next support at 0.9075, according to the analysis by Mataf.net.