USD/CHF Technical Analysis: 1.0030 restricts upside before Swiss Unemployment release

• The USD/CHF pair is struggling around 1.0020 before the Swiss State Secretariat for Economic Affairs (SECO) publish January month unemployment rate on Friday.
• The pair falls short of extending its 1.0005-10 breakout beyond 1.0030 off late.
• Should the unemployment number surpass 2.4% market consensus, the pair may cross the 1.0030 upside barrier. In doing so, 1.0045 and the 1.0085 may appear on the chart.
• In case prices rally past-1.0085, 1.0110 and 1.0130 could please the bulls.
• If at all the job figure declines noticeably, the pair can be forced to slip under 1.0000 round-figure, which in-turn opens the gate for its dip to an upward sloping support-line of 0.9970.
• Given the sellers’ refrain to respect the 0.9970 support-line, 0.9900 and 0.9850 might become market favorites.

USD/CHF 4-Hour chart