USD/CHF Technical Analysis: Greenback parked just below the parity level

USD/CHF daily chart

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


USD/CHF 4-hour chart

  • USD/CHF is trading between the 50 and 200 SMAs suggesting a consolidation in the medium-term.


USD/CHF 30-minute chart

  • USD/CHF is trading above its main SMAs suggesting bullish momentum in the near-term.
  • The level to beat for bulls is the 1.0005 resistance. After which comes the 1.0020 and 1.0035 level. 
  • On the way down, immediate support is at 0.9975, 0.9950 and 0.9935 level.


Additional key levels

 

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