FXstreet.com (Barcelona) - The Dollar is dropping sharply against the Swiss Franc on Monday as the pair's retreat from 1.0550 high on Monday extended below 1.0390/0400 after the release of US manufacturing figures, to reach levels right above 1.035 session low.
Below 1.0350 support, the pair might continue its decline, targeting 1.02/01 area, says the Kshitij Consultancy Services Team: "Further, in the coming weeks, there are chances that the pair keeps on moving down slowly towards 1.02-01 in case it breaks below 1.0350 in the coming days."
