US Dollar Reclaims USD/CHF Ground Above 0.8100
The USD/CHF pair rebounded on Thursday after two days of losses, gaining over 0.60% following solid US jobs data.
Buyers stepped in at a key support level near the 50-day Simple Moving Average (SMA) of 0.8052, pushing prices back above the 0.8100 threshold.
The uptrend remains intact, with higher highs and higher lows still holding, and momentum indicated by the Relative Strength Index (RSI) shows buyers are in control.
If the pair breaks through resistance at 0.8150, a move towards 0.8200 is possible, with the yearly high of 0.8207 and the June 4, 2025, cycle high at 0.8250 as potential targets on the upside.