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Forex pairs in this Article » USD/CHF (London) - USD/CHF has so far remained to the downside and has taken out the 0.91 handle after printing a high of 0.9124.

A positive ADP and moderately hawkish FOMC minutes took US yields sharply higher and USD/CHF went to new highs during yesterday’s session, but the pair drifted back pre ECB and continues to remain offered towards next support at 0.9077. From the calendar, US Jobless Claims came out pretty much as expected at 330k vs 335k consensus while Continuing Jobless Claims disappointed at 2.865m vs 2.840m consensus.

USD/CHF Levels

The 20 DMA is 0.8957, the 50 DMA is 0.9030 and the 200 DMA is 0.9245. RSI (14) reads 71.91. Supports are ascending from 0.9021, 0.9038, 0.9052 and 0.9077. Spot is currently 0.9090 which resistances are 0.9127, 0.9150, 0.9165 and 0.9195.
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