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   “¢   The pair continued with its struggle to make it through the 1.0020 strong horizontal resistance, also coinciding with 100-period SMA on the 4-hourly chart.

   “¢   Meanwhile, technical indicators on hourly charts support have just started gaining positive traction support prospects for an eventual bullish breakout.

   “¢   Bulls, however, are likely to wait for a sustained break through the mentioned barrier before positioning for an extension of the recent bounce from multi-week lows.

   “¢   Momentum beyond the said hurdle could get extended towards 1.0050 resistance before bulls eventually aim to conquer the key 1.0100 psychological mark.

USD/CHF 4-hourly chart


       Today Last Price:  1.0008
       Today Daily change:  17  pips
       Today Daily change %:  0.17%
       Today Daily Open:  0.9991
       Daily SMA20:  1.0019
       Daily SMA50:  0.9942
       Daily SMA100:  0.996
       Daily SMA200:  0.9911
       Previous Daily High:  1.001
       Previous Daily Low:  0.9963
       Previous Weekly High:  1.002
       Previous Weekly Low:  0.9926
       Previous Monthly High:  1.01
       Previous Monthly Low:  0.9921
       Daily Fibonacci 38.2%:  0.9992
       Daily Fibonacci 61.8%:  0.9981
       Daily Pivot Point S1:  0.9966
       Daily Pivot Point S2:  0.9941
       Daily Pivot Point S3:  0.9919
       Daily Pivot Point R1:  1.0013
       Daily Pivot Point R2:  1.0035
       Daily Pivot Point R3:  1.006