USD/CHF battles to push through 0.9200 on Wednesday.
DXY sees mild gains on the day 93.50.
US Indices point to a higher start

After closing on higher ground for the third consecutive day USD/CHF is struggling to hold the upward momentum. USD/CHF failed to break through 92.00, and has since been consolidating in a narrow channel. The pair trades +0.13% at 0.9185.

Brexit in focus

At the start of the week USD strength boosted the pair. The US Dollar is edging higher near 93.60. However, the pair waits for its next catalyst. JOLTS Job Openings is due from the US later. The data is unlikely to have much impact on US Dollar’s performance versus its peers.

Risk appetite has picked up on Wednesday. European equity indexes are trading around  0.70% higher  S&P 500 futures are up 0.6%.

Brexit headlines are hogging the limelight. Safe-haven flows could pick up driving direction in the financial markets if the UK and the EU fail to reach an agreement. Another step lower for GBP/USD could boost to the greenback. However, the safe haven CHF could also see demand increase capping USD/CHF’s gains.

Technical levels to watch for USD/CHF:

Today last price 0.9186
Today Daily Change 0.0008
Today Daily Change % 0.09
Today daily open 0.9178
Daily SMA20 0.9099
Daily SMA50 0.9212
Daily SMA100 0.9417
Daily SMA200 0.9562
Previous Daily High 0.92
Previous Daily Low 0.9156
Previous Weekly High 0.9163
Previous Weekly Low 0.8999
Previous Monthly High 0.9242
Previous Monthly Low 0.8999
Daily Fibonacci 38.2% 0.9184
Daily Fibonacci 61.8% 0.9173
Daily Pivot Point S1 0.9156
Daily Pivot Point S2 0.9134
Daily Pivot Point S3 0.9112
Daily Pivot Point R1 0.92
Daily Pivot Point R2 0.9222
Daily Pivot Point R3 0.9244