USDCHF - Bullish Bias

USD - Strong Bullish
1️⃣ Investors turned to safe-haven assets amid concerns about a surge in cases of new coronavirus infections.

CHF - Weak Bearish
1️⃣ Despite the risk-off environment in the market, the CHF failed to benefit, but traded higher against commodity currencies.


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Technical
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We are looking to buy the USDCHF at the support of 0.92000 + above SMA 50 on the H1 chart.

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Risk to this trade
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Any change in sentiment could turn the pair's direction.