- USD/CHF retreats from intraday high, fades the previous week’s rebound from early 2021 levels.
- Three-day-old resistance line, 100-EMA restrict immediate upside amid nearly overbought RSI.
- Receding bullish bias of MACD signals also extend downside pressure on Swiss Franc pair.
- Resistance-turned-support from April 10 puts a floor under the prices for intraday.
USD/CHF drops to 0.8945 as it pares the intraday gains during Monday morning in Asia.
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