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Forex pairs in this Article » USD/CHF (Córdoba) - The USD/CHF corrected to the downside Monday, inversely to the EUR/USD, and briefly dipped below 0.9100 during the American session.

The USD/CHF retraced some of its recent gains after being rejected from a 3-week high 0.9151 during the Asian trade, accelerating the sell-off following US factory orders data. At time of writing, USD/CHF is trading at the 0.9105 area, having bounced from a low of 0.9097. Investors attention this week turns to the ECB monetary policy decision and the US nonfarm payrolls as key drivers ahead.

USD/CHF technical levels

In terms of technical levels, USD/CHF could face immediate supports 0.9097 (daily low), 0.9065 (Nov 1 low) and 0.9035 (21-day SMA). On the other hand, resistances could be found at 0.9151 (daily high) and 0.9175/77 (Oct 15 & 16 highs).
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