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Forex pairs in this Article » EUR/USD, USD/CHF (Moscow) - USD/CHF made some shy attempts to cross 0.91 line, but every time it came back, now trading at 0.9108.

No news is good news for USD/CHF

USD/CHF is still above 0.91, and it looks like the round level formed a strong support, but the move higher is going to be not that easy, especially on the back of empty economic calendar. There is only one hope we may see the continuation, if the risk appetite rises again, pressuring CHF further. In this case wait for the move to the nearest resistance level at 0.9122. Nevertheless, we see very few catalysts for such appetites, thus, the consolidation within narrow ranges is practically a done deal.

What are today’s key USD/CHF levels?

Today's central pivot point can be found at 0.9105 with support below at 0.9074 (S1), 0.9057 (S2) and 0.9026 (S3), with resistance above at 0.9122 (R1), 0.9153, and 0.9170 (R3). Hourly Moving Averages are largely bullish, with the 200SMA at 0.9066 and the daily 20EMA bullish at 0.9031. Hourly RSI is neutral at 65.
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