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Forex pairs in this Article » USD/CHF (London) - USD/CHF is subdued above 0.9020 key support, trading for reference around spot 0.9035, slightly up on the close 0.10%.

The political deadlock rolls over into its 8th day. The market is surprisingly quiet while one might expect that sooner or later the market needs to start thinking about how the shutdown will affect not only the release of US data, but also collection. Meanwhile, unemployment rates in Switzerland remain well anchored at 3.2% (SA). Market awaits FOMC minutes tomorrow where things may pick up.

USD/CHF Levels

The 20 DMA is 0.9125, the 50 DMA is 0.9219 and the 200 DMA is 0.9340. RSI (14) reads 51.23. The support and resistances levels remain the same as yesterday, 0.9010/15 ahead of 0.8965 and 0.8930 support and resistances at 0.9075 and 0.9120.
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