USDCHF continues its downtrending ways, below daily and weekly pivots

2013.12.10 13:30 6:30AM ET | USDCHF Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading under the daily pivot point at the 0.88982 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.89074 while the low of day reached to 0.88831. The pair earlier today opened the Asian trading session below the daily pivot and has trended lower on the day with support being seen at or slightly above the S1 support area.

SC USDCHF 2013.12.10

Daily Pivot Point: 0.89101
— S1 – 0.88866
— S2 – 0.88706
— S3 – 0.88471
— R1 – 0.89261
— R2 – 0.89496
— R3 – 0.89656


Weekly Pivot Points: USDCHF

Prices are currently trading under the weekly pivot point at time of writing. The USDCHF has been on an overall bearish trend this week after opening the trading week below the weekly pivot. The USDCHF has closed below the weekly pivots for the past two weeks as the recent downtrend has extended below 0.9000.

SC USDCHF 2013.12.10

Weekly Pivot Point: 0.89775
— S1 – 0.88458
— S2 – 0.87783
— S3 – 0.86466
— R1 – 0.90450
— R2 – 0.91767
— R3 – 0.92442


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