Monday, August 3, 2009

USD/CHF tries to get back above 1.0600

The Dollar is collapsing today against European currencies after breaking key levels. USD/CHF is not the exception; the pair plunged to 1.0561 reaching the lowest price of the year. From there rebounded and now the Dollar is attempting to recover further. Currently USD/CHF is facing resistance at 1.0600. Current price at 1.0592/96 is 0.75% below today’s opening price.

Read More....

No comments: