Once again, the USDCHF has failed to maintain levels below 0.9900 psychological, which meets 50% Fibonacci as we mentioned many times earlier despite showing bearish actions following the NFP data release.
SMA20 is now valued at 0.9920, while SMA50 -red- resides in 0.9980 and it has also capped the movements, while ADX and RSI are neutral.
We remain neutral as far as the pair is trapped between 0.9900 and 1.0000.