USD/CHF Price Analysis: Greenback trying to regain the 0.9700 figure vs. Swiss franc

Broad USD weakness keeps the USD/CHF pair below the 0.9700 level.
There is little to no directional bias as the technical picture is mixed.

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is trading just below the 0.9700 figure but above the 50/100 SMAs on the daily chart.

USD/CHF four-hour chart

USD/CHF is grinding lower from the May highs while trading below the 0.9700 figure and the main SMAs on the four-hour chart. Bulls are trying to regain the 0.9700 figure however the picture remains mixed on this currency pair. To the downside, support can emerge near 0.9650 and the 0.9600 levels.

Additional key levels

USD/CHF

Overview
Today last price	0.9694
Today Daily Change	0.0000
Today Daily Change %	0.00
Today daily open	0.9694

Trends
Daily SMA20	0.9705
Daily SMA50	0.9655
Daily SMA100	0.9689
Daily SMA200	0.9787

Levels
Previous Daily High	0.975
Previous Daily Low	0.9665
Previous Weekly High	0.9784
Previous Weekly Low	0.9609
Previous Monthly High	0.9803
Previous Monthly Low	0.9595
Daily Fibonacci 38.2%	0.9698
Daily Fibonacci 61.8%	0.9718
Daily Pivot Point S1	0.9656
Daily Pivot Point S2	0.9618
Daily Pivot Point S3	0.9572
Daily Pivot Point R1	0.9741
Daily Pivot Point R2	0.9788
Daily Pivot Point R3	0.9826

Author

Flavio Tosti

Independent Analyst

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