FXstreet.com (Barcelona) - After falling around 60 pips during the Asian session from intra-day high at 1.0360, USD/CHF has found support at 1.0305 level and the pair has begun to trade in a narrow range between 1.0320 and 1.0340, close to MA200 hourly chart level at 1.0330.

Currently the pair is trading around 1.0330/40, 0.10% below today's opening price action at 1.0340.

USD/CHF is trading in consolidation mode after rejecting 1.0435 resistance level last Friday session, falling 130 pips since Friday's American session to consolidate low levels today.