USD/CHF is in a bull trend above the 200-period simple moving average on the 4-hour chart. USD/CHF broke above the parity level but was not able to sustained price above it this Friday. As the US Dollar is having a correction across the board, it reasonable to expect some weakness while below 1.0000 level. Supports to the downside are likely located near 0.9950 and 0.9891 October 4 low. USD/CHF 4-hour chart Spot rate: 0.9970 Relative change: -0.22% High: 1.0027 Low: 0.9967 Main trend: Bullish Resistance 1: 1.0000 parity level Resistance 2: 1.0068 July 13 high Resistance 3: 1.0100 figure Support 1: 0.9986 August high Support 2: 0.9950 figure Support 3: 0.9891 October 4 low Support 4: 0.9868 July 31 low 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. View All Post By FX Street FXStreet News share Read Next US week ahead: NFP, Core PCE, ISM and PMI – Danske Bank FX Street 4 years USD/CHF is in a bull trend above the 200-period simple moving average on the 4-hour chart. USD/CHF broke above the parity level but was not able to sustained price above it this Friday. As the US Dollar is having a correction across the board, it reasonable to expect some weakness while below 1.0000 level. Supports to the downside are likely located near 0.9950 and 0.9891 October 4 low. USD/CHF 4-hour chart Spot rate: 0.9970 Relative change: -0.22% High: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
