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

• USD/CHF is trading in an uptrend above the 200-period simple moving average.  
• USD/CHF bulls are trying to break above 0.9986 (August high). A break above the level would expose the important psychological parity level and then 1.0068 (July 13 high).  
• A break below 0.9900 would likely invalidate the current bullish bias.

USD/CHF 4-hour chart

Spot rate:                       0.9966
Relative change:            0.07%      
High:                              0.9981
Low:                               0.9938

Main trend:                    Bullish

Resistance 1:                0.9986 August high
Resistance 2:                1.0000 parity level
Resistance 3:                1.0068 July 13 high

Support 1:                     0.9950 figure
Support 2:                     0.9891 October 4 low
Support 3:                     0.9868 July 31 low
Support 4:                     0.9820 August 25 low
Support 5:                     0.9807 August 22 low  
Support 6:                     0.9788 June 7 swing low (key level)
Support 7:                     0.9768 September 4 swing high