# BREAKING: USD/CHF Retreats Toward 0.8100 as Traders Brace for NFP Data
The US Dollar is pulling back against the Swiss Franc on Friday, with USD/CHF sliding toward the 0.8100 level after hitting resistance at 0.8136 during Thursday’s session. The pair is giving up recent gains as market participants position defensively ahead of the critical US Nonfarm Payrolls report due later today.
The retreat suggests traders are unwinding bullish dollar positions and reducing risk exposure before the employment data, which could trigger significant volatility across currency markets. The Swiss Franc is gaining modest ground as investors seek relative safety in the low-yielding currency ahead of potential market-moving numbers.
USD/CHF has established 0.8136 as near-term resistance while the 0.8100 handle represents immediate support. A weaker-than-expected NFP print could accelerate losses toward this psychological level, while a strong jobs report may reignite dollar strength and test the Thursday highs again.
FXnCO Insight
Traders should tighten stops and reduce position sizes on USD/CHF ahead of NFP volatility, with 0.8100 support and 0.8136 resistance marking key breakout levels.
Source: FXStreet