USD/CHF technical analysis: Greenback bulls challenge the 0.9900 handle

USD/CHF is picking up some steam as the greenback is gaining momentum.
Immediate support is at 0.9870 and 0.9855.

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is in a bull leg below the main daily simple moving average (DSMA). The market is currently erasing its intraday losses.

USD/CHF 4-hour chart

USD/CHF is challenging the 0.9900 handle and the 200 SMA. If broken the next resistance is seen at 0.9935 according to the Technical Confluences Indicator.

USD/CHF 30-minute chart

USD/CHF is trading between the 50 and 100 SMAs suggesting a consolidation in the near term. Support is seen at 0.9870 and 0.9855, according to the Technical Confluences Indicator.

Additional key levels

USD/CHF

Overview
Today last price	0.9898
Today Daily Change	0.0003
Today Daily Change %	0.03
Today daily open	0.9895

Trends
Daily SMA20	0.9868
Daily SMA50	0.998
Daily SMA100	1.0011
Daily SMA200	0.9983

Levels
Previous Daily High	0.9943
Previous Daily Low	0.9887
Previous Weekly High	0.9932
Previous Weekly Low	0.978
Previous Monthly High	1.0017
Previous Monthly Low	0.9693
Daily Fibonacci 38.2%	0.9908
Daily Fibonacci 61.8%	0.9922
Daily Pivot Point S1	0.9874
Daily Pivot Point S2	0.9852
Daily Pivot Point S3	0.9818
Daily Pivot Point R1	0.993
Daily Pivot Point R2	0.9964
Daily Pivot Point R3	0.9986

Author

Flavio Tosti

Independent Analyst

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