FX Watch: Potential USD/CHF pullback levels this NFP week

USD/CHF is rapidly approaching a potential resistance zone ahead of the release of closely watched US labor data. Will the pair continue its trend in the coming days? In case you missed last week’s FX summary, you should know that the US dollar recovered a few pips after positive US reports eased concerns about a “hard landing” or even a recession in the US. On the other hand, the safe-haven Swiss franc was dragged lower by improved risk appetite as tensions in the Middle East failed to escalate and as economic reports eased concerns about global growth.