USD/CHF: The Swiss franc surged to a 1-week peak as the greenback weakened after the U.S. agency submitted auto tariff probe report to the White House. The major trades 0.2 percent down at 1.0031, having touched a low of 1.0028; it’s lowest since February 11. 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