USD/CHF demand touted on dips, 21 DMA is key support

Source: Thomson Reuters

• USD/CHF dips back toward the 0.9663 session low, demand touted there 
  
  
• Gains to 0.9727 in the European session were pared
  
  
• 21 DMA at 0.9740 is the key, looks to be weighing on the market
  
  
• Market remains bullish above yesterday 0.9599 low, 0.9599 was also yesterday's low
  
  
• If the 21 DMA is broken, then next support is at 50% of 1.0128/0.9486 at 0.9807