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Forex pairs in this Article » USD/CHF (London) - USD/CHF has continued to remain within a tight range after last weeks drop with corporate supply pressures keeping the pair offered.

USD/CHF data flows are on the horizon now and consolidation may persist ahead of tomorrows NFPs especially given the extent of last week moves. Research teams at TD Securities said, “… we look for a 182k gain in payrolls (market +180k), from +169k in August…The USD will remain sensitive to the relative strength/weakness of the data, even though the Fed remains side-lined for the next few months”.

USD/CHF Levels

The 20 DMA 0.9071, the 50 DMA is 0.9187 and the 200 DMA is 0.9334. RSI (14) reads 41.63. Supports are ascending from 0.8968, 0.8979, and 0.9001. Spot is currently 0.9014 while resistances are 0.9030, 0.9036, 0.9064, 0.9099, 0.9119.
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