USD/CHF is fast approaching a possible resistance zone ahead of the discharge of closely watched U.S. labor data.
Will the pair extend its trend in the following few days?
In case you missed last week’s FX recap, it’s best to know that the U.S. dollar regained some pips after positive U.S. reports eased concerns a few “hard landing” or perhaps a recession within the U.S.
Alternatively, the refuge Swiss franc was knocked lower by improved risk appetite when Middle East tensions didn’t escalate and when economic reports eased global growth concerns.
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