USD/CHF trades with a positive bias on Tuesday as the US Dollar (USD) consolidates its recent gains ahead of Wednesday’s US Consumer Price Index (CPI) data. Price action has stabilized above the 50-day Simple Moving Average (SMA) following a sharp pullback from above 0.8200 in late July. USD/CHF holds a mildly positive technical tone above the 50-day SMA at 0.8067, though the 21-day SMA at 0.8112 keeps gains in check. However, the broader tone stays constructive as long as the pair holds above the 50-day SMA. Further losses could bring the 100-day SMA at 0.7968 and the horizontal support at 0.7900 into focus.