USD/CHF Price Forecast: Bulls defend 50-day SMA near 0.8200

The USD/CHF pair edges lower on Thursday, losing 0.46% and dropping towards 0.8200 as safe-haven currencies like the Swiss Franc (CHF) and the Japanese Yen (JPY) are the only currencies appreciating against the Greenback during the day. At the time of writing, the pair trades at 0.8205.