FX Watch: Is USD/CHF Poised for a Triangular Breakout?

Dollar traders seem keen to adjust positions ahead of Friday’s NFP release, so leading jobs indicators such as the ISM Manufacturing PMI could cause volatility early this week. Expectations are for a slight improvement in September, meaning a positive surprise could continue to dampen expectations for aggressive Fed easing. Here’s what I’m looking at on the USD/CHF hourly chart.