Free Trial

USDCHF near Friday's high

CHF

USD continues to extend, although Tnotes are just pausing off the low, so may start to lose some momentum.

  • USDCHF initial resistance is at Friday's high 0.9418, which was highest level since July 2020.
  • Above the latter, would see the more important area at 0.9464 (61.8% retrace)


Chart source: Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.