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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

  • Market Data
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