The dollar and Swiss franc rose at the level of 0.9251 at the time of writing this analysis during the European morning trading session, a change of -0.02%, before the release of the latest Swiss unemployment rate data.
Read more: Dollar, Franc jumps near 0.9235 ahead of Non-Farm Payrolls report
USD/CHF Technical Analysis
The USDCHF is trading at 0.9255, the highest since February 1, and has managed to move above the key resistance at 0.9230, it has moved above the 25-day moving average while the RSI has moved above the neutral level.
Therefore, the pair is likely to continue rising as the bulls target the major resistance at 0.9300.
On the other hand, any drop below the support 0.9230 can be tested by prices to the downside in order to test the level of 0.9180.
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