Home USD/CHF Technical Analysis: The Greenback drop is landing on 0.9910 support
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USD/CHF Technical Analysis: The Greenback drop is landing on 0.9910 support

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend as the currency pair is testing the 50, 100 and 200-day simple moving averages (SMAs).

USD/CHF 4-hour chart

  • Bears broke below the 50 SMA as the market is sliding down.

USD/CHF 30-minute chart

  • Bears need a break below the 0.9910 support to extend the current drop to the 0.9870 level.
  • To the upside, resistance lies at 0.9940 and 0.9960.  
  • Bears seem to have run of steam for the time being leaving the door potentially open for USD/CHF bulls to take the lead.

Additional key levels

USD/CHF

Overview:
       Today Last Price:  0.9913
       Today Daily change:  -11  pips
       Today Daily change %:  -0.11%
       Today Daily Open:  0.9924
Trends:
       Daily SMA20:  0.988
       Daily SMA50:  0.9914
       Daily SMA100:  0.9901
       Daily SMA200:  0.9904
Levels:
       Previous Daily High:  0.9976
       Previous Daily Low:  0.9922
       Previous Weekly High:  0.9991
       Previous Weekly Low:  0.9922
       Previous Monthly High:  1.0009
       Previous Monthly Low:  0.979
       Daily Fibonacci 38.2%:  0.9942
       Daily Fibonacci 61.8%:  0.9955
       Daily Pivot Point S1:  0.9906
       Daily Pivot Point S2:  0.9887
       Daily Pivot Point S3:  0.9852
       Daily Pivot Point R1:  0.9959
       Daily Pivot Point R2:  0.9994
       Daily Pivot Point R3:  1.0013

 

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