The USDCHF is pushing higher in early US trading and in the process has moved back above its 100-hour moving average at 0.91609. Higher yields with the 10 year yield up over 8 basis points, is helping the bullish bias.

The high price from last week reached 0.92247 Technically the break above the 100 hour moving average tilts a bias more in favor of the buyers.

USDCHF breaks above its 100 hour moving average