USD/CHF Price Analysis: Remains below 0.9150, US NFP awaited

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USD/CHF snaps a two-day losing streak, trading higher around 0.9140 lined up with the resistance level at 0.9150 psychological level during the early

USD/CHF consolidates below 0.9150 ahead of the crucial US employment data.

indicates a tepid momentum in the price movement. The 14-day EMA emerges as immediate support, followed by the 0.9100 major level. European session on Friday, following the region around the major level at 0.9200. A firm break above the latter could open the doors for the USD/CHF pair to explore the areanear the weekly high at 0.9244 lined up with the 0.9250 major level.

line is situated above the centerline but below the signal line. This configuration suggests a lackluster trend in the market at the moment. However, the prevailing upward momentum in the USD/CHF pair indicates a bullish bias, as the 14-day Relative Strength Index remains above the 50 level. USD/CHF: Daily Chart USD/CHF: additional important levels Overview Today last price 0.9142 Today Daily Change 0.0018 Today Daily Change % 0.20 Today daily open 0.9124 Trends Daily SMA20 0.9057 Daily SMA50 0.

 

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