USD/CHF

The Greenback is gaining strength from opening of trading of Wednesday. As fresh concern over Corona virus arises in the U.S. posting huge number of fresh cases. Dollar which lost its safe heaven status from mid last month saw its price slipping. The Dollar index (DXY) fell as low as 96. But as concern grows traders & investors are going back for the dollar with FED's increasing stimulus.
Technically USDCHF found its support @0.9430. The last time it broke below was end of February'20. But as the whole world was going into strict lock-down we saw dollar strength back DXY went up to 101 handle.
So for now my bias on USD/CHF will be a long, first target being @0.9540 & 0.9630 subsequently
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