The price is still respecting the upwards channel. After touching the upwards trendline, the price corrected to the support at 1.0407 Swiss francs per dollar. In the last few hours, the price slided to the next level at 1.0391 and the price could get to the downwards trendline to wait for the news. If the employment data is better than expected, the price could go to the 1.03 handle. This is the area where the SNB intervened last Wednesday. On the contrary, the target will be breaking 1.0443 to get to 1.0478.

/