Home USD/CHF technical analysis: Greenback attempting to come back as the market finds some footing near 1.0050 level

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USD/CHF technical analysis: Greenback attempting to come back as the market finds some footing near 1.0050 level

FX Street

Published date: 14 May. 2019 | 16:13

USD/CHF daily chart

USD/CHF is consolidating the recent losses above 1.0050 and the 50 SMA.

USD/CHF 4-hour chart

USD/CHF is trading below its main SMAs suggesting a bearish bias in the medium term.

USD/CHF 30-minute chart

Sellers are taking a breather this Tuesday as the market trades above 1.0080 and the 50 SMA. Bulls could continue to drive the market towards 1.0100/1.0120 level. A breach of the zone can lead to 1.0150 level.
Support is seen at 1.0060 and 1.0050 level.

Additional key levels

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