- USD/CHF gains yesterday were capped close to the Jun 5 spike high at 0.9502. The pair fell to fresh daily lows as the dollar came under broad pressure following disappointing US jobs data.
- Pullbacks today extended towards 0.9400, where some buying interest was found. USD/CHF is currently trading at 0.94190. Hourly price action remains above the cloud.
Resistance Levels:
R1: 0.9504 (Jul 2 high)
R2: 0.9519 (30 DMA)
R3: 0.9528 (Daily Cloud Top)
Support Levels:
S1: 0.9365 (Daily Cloud Base)
S2: 0.9357 (55 DMA)
S3: 0.9344 (Jul 1 low)
