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USD/CHF technical analysis: Consolidating gains near 3-day high

  • USD/CHF tested Wednesday high and is currently slightly retreating.
  • The level to beat for bulls is 1.0100 resistance.

USD/CHF daily chart

USD/CHF is trading above its 100 and 200 simple moving averages (SMAs).  

USD/CHF 4-hour chart

USD/CHF is finding some resistance below 1.0100 and the 100 SMA.  

USD/CHF 30-minute chart

USD/CHF is consolidating above its main SMAs as the market attempted to break above Wednesday high. USD/CHF stays bullish above 1.0060 however a break below this support can lead to further losses towards 1.0030. If bulls overcome 1.0100 then 1.0120 can come into play.

Additional key levels

 

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