Forex | Forex | Forex: USD/CHF: Dollar soars from 1.0630 to test 1.0685 after nfp data (04/09/2009 13:27:00)

Forex: USD/CHF: Dollar soars from 1.0630 to test 1.0685 after nfp data

FXstreret.com (Barcelona) - The Dollar has soared against the Swiss Frank on the back of U.S. non farm payrolls figures, and from levels around 1.0630, the Dollar has risen to test resistance area at 1.0685.

On the upside, above 1.0685 (Sept 2 high) next resistance area could be at 1.0705/15 (Sept 1/ Aug 26 high) and 1.0740 (Aug 18 low). On the downside, below 1.0635 previous intra-day high, next support levels are 1.0595 day-low and 1.0545 (Sept 1 and 3 low).

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