USD/CHF: The Swiss franc rebounded from a 3-month low hit earlier in the week, as greenback’s rally paused amid optimism that the United States and China might be able to agree on a deal to resolve their nearly year-long trade dispute. The major trades 0.1 percent lower at 1.0056, having touched a high of 1.0096 on Monday; it’s highest since November 14. On the higher side, near-term resistance is around 1.0111 (November 12 High) and any break above will take the pair to next level till 1.0150. The near-term support is around 0.9961 (January 22 Low), and any close below that level will drag it till 0.9889 (December 7 Low).
USD/CHF daily chart