USD/CHF finds support at the 100-day SMA, correction in the horizon

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• The USD/CHF rebounded at the 0.8900 area, rising to a high towards 0.8935, seeing 0.15% gains.
• The CHF was the best-performing currency in Thursday, and the pair lost nearly 0.85%.
• The economic calendar has nothing relevant to offer, and focus shifts to the Middle East.

On Friday, the USD/CHF sellers seemed to be consolidating their gains, and the pair found support at the 100-day Simple Moving Average (SMA) at 0.8900, rising to a high near 0.8935 and then settling ar 0.8915.