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USD/CHF technical analysis: Greenback attempting to come back as the market finds some footing near 1.0050 level

USD/CHF daily chart

USD/CHF is consolidating the recent losses above 1.0050 and the 50 SMA.


USD/CHF 4-hour chart


USD/CHF is trading below its main SMAs suggesting a bearish bias in the medium term.


USD/CHF 30-minute chart


Sellers are taking a breather this Tuesday as the market trades above 1.0080 and the 50 SMA. Bulls could continue to drive the market towards 1.0100/1.0120 level. A breach of the zone can lead to 1.0150 level.
Support is seen at 1.0060 and 1.0050 level.


Additional key levels

USD/CHF

Overview
Today last price1.0084
Today Daily Change0.0021
Today Daily Change %0.21
Today daily open1.0063
 
Trends
Daily SMA201.0163
Daily SMA501.0068
Daily SMA1001.0006
Daily SMA2000.9948
Levels
Previous Daily High1.0121
Previous Daily Low1.005
Previous Weekly High1.0227
Previous Weekly Low1.01
Previous Monthly High1.0238
Previous Monthly Low0.9932
Daily Fibonacci 38.2%1.0077
Daily Fibonacci 61.8%1.0094
Daily Pivot Point S11.0035
Daily Pivot Point S21.0007
Daily Pivot Point S30.9964
Daily Pivot Point R11.0106
Daily Pivot Point R21.0149
Daily Pivot Point R31.0177

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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