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Forex pairs in this Article » USD/CHF
FXStreet (Moscow) - USD/CHF touched the low at 0.8996 and resumed the rise climbing up to 0.8918 high by now.

Swiss data of interest

The pair focused on Swiss data during European session given the scheduled for release GDP and Employment numbers. Switzerland could boast of good state of economy, and the booming labor market that only fueled further growth. Nevertheless the released data didn’t support the expectations. Growth numbers came out below expectations – +0.2% MoM, 1.7% YoY against 0.4 and 2.0 expected, and employment level decreased a bit. It only supported the USD strength with pair targeting at 0.8936 resistance level.

What are today’s key USD/CHF levels?

Today's central pivot point can be found at 0.8901 with support below at 0.8870, 0.8835, and 0.8804, with resistance above at 0.8936, 0.8967, and 0.9002. Hourly Moving Averages are largely bearish, with the 200SMA at 0.8892 and the daily 20EMA bearish at 0.8937. Hourly RSI is neutral at 55.
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