USD/CHF technical analysis: Greenback jumps and settles above 0.9726 as tariffs gets delayed

Summary:
USD/CHF daily chart USD/CHF is trading off 2-month lows below the main daily simple moving averages (DSMAs). US equity markets are rising sharply as US tariffs are to be delayed to December 15. The news was perceived as risk-on, sending safe-haven CHF, JPY and gold down. USD/CHF daily chart, August 14(see more posts on USD/CHF, ) - Click to enlarge USD/CHF 4-hour chart USD/CHF broke through several resistance levels but is still trading below its main SMAs. Bears would need to recapture 0.9726 and 0.9694 support to reverse the bullish surprise. USD/CHF 4-hour chart, August 14(see more posts on USD/CHF, ) - Click to enlarge USD/CHF 30-minute chart USD/CHF is trading above its main SMAs, suggesting bullish pressure in the near term. The move up is

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