- USD/CHF is stabilizing near 0.9990 however bears are still trying to push the currency pair lower.
- Bulls would be out of the woods on a break above 0.9960.
- The Non-Farm Payrolls on Friday can provide high volatility on USD-related pairs.
USD/CHF daily chart
USD/CHF is trading below the parity level and the 200-daily simple moving averages (DSMAs).
USD/CHF 4-hour chart
USD/CHF is trading below its main SMAs suggesting a bearish bias.
USD/CHF 30-minute chart
The market is trading below its main SMAs suggesting a bearish bias in the near term. A break below 0.9900 can lead to 0.9860 support. On the flip side, bulls will try to regain 0.9960 to reach 1.0000 and 1.0040 on the way up.
Additional key levels
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