The USD/CHF has seen price action dictated by risk sentiment as the dollar continues to be negatively correlated with demand for risky assets. The pair in fact has been the mirror image of the EUR/USD in recent trading with parity serving as a similar barrier to 1.500 for the single currency cross. A pattern of consolidation ahead of the psychological significant level is creating opportunity for scalpers to generate profits.

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USD/CHF Slows On Approach To Parity Creating Scalping Opportunity