USD/CHF retraces the intraday losses, trading around 0.9170 lined up with the support level at 0.9150 psychological level during the early European se
USD/CHF recovered the intraday losses ahead of US jobs data. Economic indicators suggest bullish sentiment regarding the US Dollar. The 12-day EMA emerges as key support, followed by the 0.9100 psychological level. ssion on Thursday, followed by the 12-day Exponential Moving Average at 0.9127. A firm break below the latter could influence the USD/CHF bears to navigate the region around the major level at 0.9100, followed by the 23.6% Fibonacci retracement at 0.9082 level.
On the upside, the immediate barrier is likely at the 0.9200 psychological level, followed by the weekly high at 0.9244 lined up with the 0.9250 major level. The Moving Average Convergence Divergence indicator is signaling strength for bulls of the USD/CHF pair, with the MACD line positioned above the centerline and the signal line. This setup indicates potentially strong momentum in the price movement. USD/CHF: Daily Chart USD/CHF: additional important levels Overview Today last price 0.
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