Home USD/CHF technical analysis: Greenback is back after the pullback down to 1.0050 support
FXStreet News

USD/CHF technical analysis: Greenback is back after the pullback down to 1.0050 support

USD/CHF daily chart

USD/CHF is consolidating the recent losses for the second day in a row above 1.0050 and the 50 SMA.


USD/CHF 4-hour chart

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


USD/CHF 30-minute chart

The market is in a range above the 1.0050 level and the 100 SMA. In order to get out the woods bullish investors will need to break above 1.0100/1.0120 to reach 1.0150 and 1.0170 price levels.
Support is at 1.0050/60 levels.


Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.