USD/CHF gradually climbing; capped at 0.9070

FXstreet.com (Chicago) – USD/CHF remains subdued below the 0.9070 despite gradually climbing a few pips on corrective move after fall from the 0.9250 zone earlier this month. With no data due during the day throughout the European and American sessions, the journey is expected to be quiet.

USD/CHF Technical Levels

Price action reveals the pair remains subdued and under high bearish pressure that sends the pair to monthly lows on Thanksgiving day – closed markets in the US. Technically speaking, the pair is offered 0.9058 and oscillates between the supports aligned at 0.9038 (October 21st highs), 0.9016 (October 29th lows) ahead …read more