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USD/CHF range bound into Europe, capped by hourly MA

FXstreet.com (Barcelona) – USD/CHF ranged overnight, posting a low at 0.9050, before climbing to post a high at 0.9065 where spot was capped by the hourly 55MA, and is now trading at 0.9051, down -0.07% on the days trading.

USD/CHF sluggish ahead of EU CPI

With its negative correlation to EUR/USD, USD/CHF has ranged overnight and into the European session, where morning data has been seen mild reactions ahead of the main event of EU CPI at 10:00 GMT.

What are today’s key USD/CHF levels and patterns?

The central pivot point is located at 0.9062 with support for this pair at 0.9035 …read more