Forex | Forex | Forex: USD/CHF collapses to trade below 1.0600 (02/09/2009 17:04:00)

Forex: USD/CHF collapses to trade below 1.0600

FXstreet.com (Barcelona) – USD/CHF has fallen around 105 pips in the American session from intra-day high at 1.0684 to break down 1.0645 support and trade below 1.0600 level. Pair also has broken MA55 and MA200 level at 1.0620 to post 1.0580 as fresh intra-day low.

Currently the pair is trading around 1.0580/90, 0.75% below today's opening price action.

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