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USD/CHF Technical Analysis: Greenback bulls challenging the parity level

USD/CHF daily chart

  • USD/CHF is trading in a bull trend just below the parity level.
  • USD/CHF is testing the 50 SMA.


USD/CHF 4-hour chart

  • USD/CHF is testing the parity level and the 200 SMA.  

USD/CHF 30-minute chart

  • USD/CHF is trading above the 200 SMA suggesting a bullish bias in the short-term.
  • Bulls will need to break the 1.0005 key resistance. The next resistances in line are at 1.0020 and 1.0035 level.  
  • Looking to the downside, immediate support is at 0.9975, 0.9950 and 0.9935 level.


Additional key levels

 

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