Home USD/CHF technical analysis: US Dollar on the way up near 0.9940 against CHF
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USD/CHF technical analysis: US Dollar on the way up near 0.9940 against CHF

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  • USD/CHF is gaining some bullish traction above 0.9920 support.
  • The level to beat for bulls is at 0.9960.  

USD/CHF daily chart

USD/CHF is in consolidation mode below the parity level and its 200-daily simple moving average (DSMA).

USD/CHF 4-hour chart

USD/CHF is trading near Wednesday high and above its 50 SMA.  


USD/CHF 30-minute chart

The market is trading above its main SMAs suggesting bullish momentum in the near term. A breakout above the 0.9960 resistance can lead the market up to the parity level. Support is at 0.9940 and 0.9920.  

Additional key levels

 

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