USD/CHF has broken to the upside from a triangle formation on the daily chart, suggesting further gains can be on the cards. USD/CHF has broken above the parity level as it reached a daily high at 1.0025, one pip shy from the 1.0026 May 11 open . USD/CHF is currently having a shallow pullback just above 1.0000. USD/CHF bulls next objective is to conclusively break above 1.0000 to then target 1.0026 May 11 open and 1.0056, the current 2018 high. USD/CHF 15-minute chart Spot rate: 1.0012 Relative change: 0.53% High: 1.0025 Low: 0.9946 Trend: Bullish Resistance 1: 1.0000 figure Resistance 2: 1.0026 May 11 openResistance 3: 1.0056 current 2018 high Support 1: 0.9989-1.0000 area June 15 high and parity Support 2: 0.9950-0.9961 figure and June 21 open Support 3: 0.9933 daily 50-period SMA Support 4: 0.9920 intraday demand level Support 5: 0.9900 figure Support 6: 0.9856 June 25 low Support 7: 0.9788 June 7 swing 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 EUR/USD Technical Analysis: EUR/USD attempting to climb towards 1.1700 level FX Street 5 years USD/CHF has broken to the upside from a triangle formation on the daily chart, suggesting further gains can be on the cards. USD/CHF has broken above the parity level as it reached a daily high at 1.0025, one pip shy from the 1.0026 May 11 open . USD/CHF is currently having a shallow pullback just above 1.0000. USD/CHF bulls next objective is to conclusively break above 1.0000 to then target 1.0026 May 11 open and 1.0056, the current 2018 high. USD/CHF 15-minute chart Spot rate: 1.0012 Relative change: … 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.
