USD/CHF trades positively ahead of US CPI data
The USD/CHF pair is trading with a positive bias, consolidating recent gains ahead of the US Consumer Price Index data.
The pair has stabilized above the 50-day Simple Moving Average at 0.8067, following a sharp pullback from above 0.8200 in late July.
The US Dollar Index hovers around 99.85, and the Relative Strength Index near 52 points to balanced momentum.
A sustained break above the 21-day SMA could open the door to 0.8150, followed by the 0.8200 psychological mark.