USD/CHF rises towards 0.9000, eyes on bearish SMA cross

Share:

• The USD/CHF is seen at 0.9015 with 0.15% gains.
• The 20-day SMA is about to perform a bearish cross with the 200-day SMA.
• Several Fed officials were on the wires but didn’t provide any highlights. Powell speaks on Wednesday.

The USD/CHF accelerated its gains on Tuesday’s session and rose to the 0.9015 zone, with a strong US dollar and a negative market mood contributing to the pair’s movements.