USD/CHF stuck around 0.98 handle

USD/CHF couldn’t post any significant movement yesterday. The pair manages to stay around 0.98 mark, after the bulls trying to conquer 0.9820 last Friday. Currently the bias remains bullish with next target 0.9850 - 0.9900 area. The intraday support is seen at 0.9745, where the 100-day and 50-day moving averages are crossing. A clear break below that area could lead the pair to neutral zone for testing 0.9750 - 0.9700 area. Further downside next support is located at 0.9690. Looking to the upside, resistance is seen at 0.9850. Major macro data that could stir the markets is due today by the SECO (State Secretariat for Economic Affairs) and tomorrow all eyes will be on Fed’s meeting.