- USD/CHF has been in a trading range since early May.
- USD/CHF is trading below its flat simple moving averages trying to find support at 0.9820 (Thursday’s low). There is not a clear bottom yet, however, a break above the bear trendline would signal that bulls are ready to trade up towards 0.9870 (Friday’s high).
Spot rate: 0.9825
Relative change: 0.37%
High: 0.9867
Low: 0.9810
Main trend: Neutral
Resistance 1: 0.9835 August 23 low
Resistance 2: 0.9856 June 25 low
Resistance 3: 0.9867 July 31 swing low
Resistance 4: 0.9900 August 14 low
Resistance 5: 0.9950 figure
Support 1: 0.9820 August 25 low
Support 2: 0.9807 August 22 low
Support 3: 0.9788 June 7 swing low
Support 4: 0.9756, 200-day simple moving average
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