Home USD/CHF Technical Analysis: Greenback capped by 0.9975 key resistance
FXStreet News

USD/CHF Technical Analysis: Greenback capped by 0.9975 key resistance

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend below the parity level.

USD/CHF 4-hour chart

  • USD/CHF is trading below the 200 SMA suggesting a bearish bias in the medium-term.

USD/CHF 30-minute chart

  • USD/CHF is trading in a small range while the risk is tilted to the downside.
  • A break below 0.9950 support should drive the market to 0.9935 and 0.9920 level to the downside.
  • Looking up, key resistance is at 0.9975, followed by 0.9990 and 1.0005 level.


Additional key levels

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.