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USD/CHF Technical Analysis: Greenback bulls attempting to move beyond 1.0005 key resistance

USD/CHF daily chart

  • USD/CHF is trading in a bull trend just above the parity level.


 

USD/CHF 4-hour chart

  • USD/CHF is trading above the 200 SMA suggesting potential bullish momentum in the medium-term.


USD/CHF 30-minute chart

  • USD/CHF is trading above its main SMAs suggesting a bullish bias in the short-term.
  • Bulls need to breakout above the 1.0005 key resistance. The next resistances are seen at 1.0020 and 1.0035 level.  
  • Looking down, immediate support is at 0.9990, 0.9975 and 0.9950 level.


Additional key levels

 

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