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Forex pairs in this Article » USD/CHF (Chicago) - USD/CHF remains capped below the 0.9050 zone despite numerous attempts to break through the zone.

Later in the Switzerland, a plethora of data is expected with consumer price indexes due along retail sales, unemployment rates and the SNB Chairman Jordan speech at 16 GMT. In the US, the US shutdown is about 1-week old and no foreseen progress in terms of agreements is expected.

USD/CHF Technical Levels

Price action reveals a pair that stuck below the 0.9050 zone despite printing higher lows and highs throughout the Asian session. Offered at 0.9041, the pair oscillates between the supports aligned at 0.8994 (October 1st lows), 0.8967 (October 3rd lows) ahead of 0.8933 (February 27th 2012 lows) and the resistances set at 0.9080 (October 4th highs), 0.9137 (September 24th highs) followed by 0.9171 (August 27th lows). According to the trend index, the pair is slightly bullish on one-hour timeframe analysis above the EMA20.
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