Home USD/CHF Technical Analysis: 0.9950 bear target hit as the Greenback is en route towards 0.9880 against CHF
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USD/CHF Technical Analysis: 0.9950 bear target hit as the Greenback is en route towards 0.9880 against CHF

USD/CHF daily chart  

  • USD/CHF is in a bull leg above the main simple moving averages (SMAs).
  • As discussed, failure to recapture the parity level lead to a decline to the 0.9950 level.

USD/CHF 4-hour chart

  • USD/CHF is trading above the main SMAs as the market is rejecting the parity level.

USD/CHF 30-minute chart

  • As bears broke below the 0.9950 level and the 200 SMA the next targets become 0.9920 and 0.9880 to the downside.  
  • The 0.9950 level become resistance.

Additional key levels

USD/CHF

Overview:
       Today Last Price:  0.9944
       Today Daily change:  -32  pips
       Today Daily change %:  -0.32%
       Today Daily Open:  0.9976
Trends:
       Daily SMA20:  0.9871
       Daily SMA50:  0.992
       Daily SMA100:  0.9893
       Daily SMA200:  0.99
Levels:
       Previous Daily High:  0.9987
       Previous Daily Low:  0.9961
       Previous Weekly High:  0.996
       Previous Weekly Low:  0.9799
       Previous Monthly High:  1.0009
       Previous Monthly Low:  0.979
       Daily Fibonacci 38.2%:  0.9977
       Daily Fibonacci 61.8%:  0.9971
       Daily Pivot Point S1:  0.9962
       Daily Pivot Point S2:  0.9949
       Daily Pivot Point S3:  0.9936
       Daily Pivot Point R1:  0.9988
       Daily Pivot Point R2:  1.0001
       Daily Pivot Point R3:  1.0014

 

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