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USD/CHF technical analysis: Dollar down at its lowest level since mid-April nearing parity

USD/CHF daily chart

USD/CHF is trading at its lowest since mid-April.  

USD/CHF 4-hour chart

USD/CHF is very close to the parity level as the market trades below its main simple moving averages (SMAs).

USD/CHF 30-minute chart

USD/CHF is trading below its main SMAs suggesting bearish momentum. A break below 1.010 can lead to 0.9960 support. Resistances are seen at 1.050 and 1.0100 levels.

Additional key levels

 

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