USD/CHF Technical Analysis: Dollar bears looking at 0.9960 support

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USD/CHF daily chart

  • USD/CHF is trading in a sideways trend just above the 0.9990 level.

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

  • USD/CHF is trading below its 200 SMA suggesting a bearish bias in the short-term.
  • A break below 0.9900 support should bring the market to 0.9960 support.
  • To the upside, resistances are at 0.9960, 0.9990 and 1.0020 level.
     


 

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