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USDCHF: Closes Higher, Eyes Further Strength USDCHF: With USDCHF rallying off the 0.8702 low to close higher the past week, it now faces the risk of further strength in the new week. Further out, resistance resides at the 0.8900 level where a break will pave the way for a run at the 0.8952 level. This level if broken will aim at the 0.9000 level with a close above here setting the stage for move higher towards the 0.9050 level. Its weekly RSI is bullish and pointing higher suggesting further str…
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Buy USD, Sell CHF
rev. Close0.8992Bid0.9006Day's Range0.8991 - 0.9008Open0.8992Ask0.900552 wk Range0.8699 - 0.97521-Year Return-3.67%The dollar pushed higher against the other major currencies on last Friday after the nonfarm payrolls report for May indicated that the U.S. labor market is continuing to gradually improve.
The Department of Labor reported that the U.S. economy added 217,000 jobs last month, just under expectations for jobs growth of 218,000, while April's figure was revised to 282,000. The unemploy…
The Department of Labor reported that the U.S. economy added 217,000 jobs last month, just under expectations for jobs growth of 218,000, while April's figure was revised to 282,000. The unemploy…
Buy USD, Sell CHF
Buying USD with CHF pair is another a good choice of betting the amount .