- USD/CHF pulled back to the 0.9920 support as the market found resistance near the 0.9950-0.9960 area. USD/CHF is currently reversing all the gains made earlier on Friday.
- USD/CHF has not been able to break above 0.9970 July 27 high and while in the near-term USD/CHF can have a bounce at the 0.9920 level, the market is likely going to need to test the 0.9900 and beyond next week.
Spot rate: 0.9927
Relative change: -0.24%
High: 0.9966
Low: 0.9920
Trend: Bullish / Bearish below 0.9920
Resistance 1: 0.9950-0.9960 area, figure and supply level
Resistance 2: 0.9970 July 27 high
Resistance 3: 0.9989-1.0000 area June 15 high and parity
Resistance 4: 1.0036 weekly high
Resistance 5: 1.0069 current 2018 high
Resistance 6: 1.0170 March 7, 2017 high
Resistance 7: 1.0343 December 15, 2016
Support 1: 0.9920-0.9930 zone, demand level and congestion zone
Support 2: 0.9900 figure
Support 3: 0.9867 July 31 low
Support 4: 0.9856 June 25 low
Support 5: 0.9788 June 7 swing low