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  • The USD/CHF pair is struggling around 1.0020 before the Swiss State Secretariat for Economic Affairs (SECO) publish January month unemployment rate on Friday.
  • The pair falls short of extending its 1.0005-10 breakout beyond 1.0030 off late.
  • Should the unemployment number surpass 2.4% market consensus, the pair may cross the 1.0030 upside barrier. In doing so, 1.0045 and the 1.0085 may appear on the chart.
  • In case prices rally past-1.0085, 1.0110 and 1.0130 could please the bulls.
  • If at all the job figure declines noticeably, the pair can be forced to slip under 1.0000 round-figure, which in-turn opens the gate for its dip to an upward sloping support-line of 0.9970.
  • Given the sellers’ refrain to respect the 0.9970 support-line, 0.9900 and 0.9850 might become market favorites.

USD/CHF 4-Hour chart

USD/CHF

Overview:
       Today Last Price:  1.002
       Today Daily change:  -0.0003  pips
       Today Daily change %:  -0.03%
       Today Daily Open:  1.0023
Trends:
       Daily SMA20:  0.9942
       Daily SMA50:  0.9916
       Daily SMA100:  0.9928
       Daily SMA200:  0.9908
Levels:
       Previous Daily High:  1.003
       Previous Daily Low:  1
       Previous Weekly High:  0.9996
       Previous Weekly Low:  0.9905
       Previous Monthly High:  0.9996
       Previous Monthly Low:  0.9716
       Daily Fibonacci 38.2%:  1.0019
       Daily Fibonacci 61.8%:  1.0011
       Daily Pivot Point S1:  1.0005
       Daily Pivot Point S2:  0.9988
       Daily Pivot Point S3:  0.9975
       Daily Pivot Point R1:  1.0035
       Daily Pivot Point R2:  1.0048
       Daily Pivot Point R3:  1.0065