The USD/CHF retreats from year-to-date (YTD) highs reached on Wednesday and drops below the 0.9100 figure as risk appetite improves.
USD/CHF declines, breaking below key support amid shifting market conditions. Despite downturn, upward trend holds; resistance at 0.9100, 0.9147 if recovery occurs. Continued falls could test supports at 0.9023 and key 0.9000 level. The USD/CHF retreats from year-to-date highs reached on Wednesday and drops below the 0.9100 figure as risk appetite improves. The major trades were down by 0.9099 by 0.32%.
The first resistance would be the 0.9100 mark, followed by the year-to-date high of 0.9147. Once cleared, the next stop would be the 0.9200 mark, closely followed by the October 3 high of 0.9245. In the scenario of sellers pushing spot prices below 0.9095, that could pave the way for testing the April 10 swing low of 0.9023, followed by 0.9000. USD/CHF Price Action – Daily Chart USD/CHF Overview Today last price 0.9097 Today Daily Change -0.0032 Today Daily Change % -0.35 Today daily open 0.
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