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  • USD/CHF holds above the 0.9600 figure and the 200 SMA on the four-hour chart.
  • The level to beat for buyers is the 0.9700 resistance.
 
 

USD/CHF daily chart

 
 
USD/CHF is trading below the 100/200 SMAs on the daily chart as the quote is consolidating the last bull leg to the 0.9800 figure. The market is also testing the 50 SMA. 
 

USD/CHF four-hour chart

 
Dollar/Swiss is trading above the 0.9600 figure and the 200 SMA on the four-hour chart suggesting an upward bias in the medium term. Buyers, however, would need to break above the 0.9700 figure on a daily basis to target the 0.9800 level. Support is expected near 0.9600, 0.9550 and 0.9500 levels. 
  

Additional key levels