Broad-based USD strength lifts the pair above parity on Tuesday. KOF leading indicator drops to 100.1 in October in Switzerland. Coming up: S&P/Case-Shiller Home Price Index from the U.S. On the back of a stronger greenback on Monday, the USD/CHF pair rose above the critical parity mark and preserved its momentum during the first half of the day on Tuesday. After rising to a session high of 1.0035, however, the pair retraced its upside move and was last seen flat on the day at 1.0020. Earlier today, the data published by the Swiss Institute for Business Cycle Research showed that the Leading Indicator Index fell to 100.1 in October from 102.3 in September and fell short of the analysts’ expectation of 100.6. On the other hand, the unabated selling pressure seen on the shared currency and the British pound continues to push investors toward the greenback. Ahead of the S&P/Case-Shiller Home Price Index from the United States, the US Dollar Index is hovering near the critical 97 mark, adding 0.25% on a daily basis. Meanwhile, despite the widening Italy – Germany bond yield spread, European equity indices cling to modest gains to suggest a neutral market mood, which doesn’t help the CHF find demand as a safe-haven. Technical levels to consider The pair could face the initial resistance at 1.0035 (Oct. 29 high) ahead of 1.0070 (Jul. 13 high) and 1.0100 (psychological level). On the downside, supports align at 1.000 (parity), 0.9940 (20-DMA) and 0.9850 (Oct. 15 low). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Pres. Trump: Vote Democrat if you want to see your stocks go down FX Street 4 years Broad-based USD strength lifts the pair above parity on Tuesday. KOF leading indicator drops to 100.1 in October in Switzerland. Coming up: S&P/Case-Shiller Home Price Index from the U.S. On the back of a stronger greenback on Monday, the USD/CHF pair rose above the critical parity mark and preserved its momentum during the first half of the day on Tuesday. After rising to a session high of 1.0035, however, the pair retraced its upside move and was last seen flat on the day at 1.0020. Earlier today, the data published by the Swiss Institute for Business Cycle Research showed that… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.