Intraday news and views – USD/CHF
|Intraday USD/CHF - 0.9644
Although dlr's weakness in NY on active cross- buying in CHF after Intraday rebound from 0.9625 (Europe) to 0.9684 suggests choppy trading below Monday's 1-week high at 0.9695 would continue, as long as 0.9620/25 holds, daily upside bias remains.
Buy again but above 0.9684 needed for 0.9695.
Below 0.9620 risks retrace. of rise from 0.9480 to 0.9605.
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