FxWirePro: USD/CHF rejected from 0.9500, makes intraday lows of 0.9406

• 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)