USD/CHF Technical Analysis: Greenback nearing 1.0100 target
|USD/CHF daily chart
- USD/CHF is trading above the 50-day simple moving average (SMA) and the parity level.
- As mentioned yesterday, USD/CHF is approaching the 1.0100 target.
USD/CHF 4-hour chart
- The 50 SMA crossed above the 200 SMA suggesting bullish momentum.
USD/CHF 30-minute chart
- USD/CHF is trading above the main SMAs leaving the bull trend intact in the short-term.
- Bulls are very close to reaching the 1.0100 level.
- Support is at 1.0080 and 1.0070 level.
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