Forex: USD/CHF consolidates at 0.9425 after falling to 0.9400

FXstreet.com (San Francisco) - The US dollar is trading lower today's session against the Swiss franc with the pair falling from the 0.9450 region to test the 0.9400 level in the early American morning. After that, the USD/CHF has been trading sideways just around 0.9425.

Currently the pair is trading 0.21% at 0.9427. The USD/CHF is trading slightly bullish according to the FXstreet.com trend index with indicators such as CCI and momentum pointing north while the MACD is neutral and the Stochastic is bullish in the 15 minutes timeframe.

Below the 0.9400 level, next supports are at 0.9385 and 0.9325. On the upside, above the 0.9430, next resistances are at 0.9445 and 0.9485.