Forex Trading : USD / CHF hovers near the bearish levels around 1.0045

Forex Trading : USD / CHF near the bearish levels remained in the middle of the European session, mainly driven by the great weakness of the US dollar ahead of the crucial statement of the Federal Open Market Committee later in US trading.
  USD / CHF is trading lower 5-DMA
Currently USD / CHF declining 0.21% and trading at 1.0042 levels slightly rebounding from a downward-level session and hit at 1.0038. The pair reversed its profits and move downward to a large extent on the back of continued weakness of the dollar against its major rivals after they have been selling the US dollar strongly after weak US housing data released yesterday.