USD/CHF Technical Analysis: Greenback capped by 0.9975 key resistance

Flavio Tosti Independent Analyst

USD/CHF daily chart

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

USD/CHF 4-hour chart

USD/CHF is trading below the 200 SMA suggesting a bearish bias in the medium-term.

USD/CHF 30-minute chart

USD/CHF is trading in a small range while the risk is tilted to the downside.
A break below 0.9950 support should drive the market to 0.9935 and 0.9920 level to the downside.
Looking up, key resistance is at 0.9975, followed by 0.9990 and 1.0005 level.

Additional key levels

USD/CHF

Overview
Today last price	0.9953
Today Daily Change	-0.0003
Today Daily Change %	-0.03
Today daily open	0.9956

Trends
Daily SMA20	1.0006
Daily SMA50	0.9999
Daily SMA100	0.9963
Daily SMA200	0.9922

Levels
Previous Daily High	0.9974
Previous Daily Low	0.994
Previous Weekly High	1.0026
Previous Weekly Low	0.9894
Previous Monthly High	1.01
Previous Monthly Low	0.9921
Daily Fibonacci 38.2%	0.9961
Daily Fibonacci 61.8%	0.9953
Daily Pivot Point S1	0.9939
Daily Pivot Point S2	0.9923
Daily Pivot Point S3	0.9905
Daily Pivot Point R1	0.9973
Daily Pivot Point R2	0.9991
Daily Pivot Point R3	1.0007

Author

Flavio Tosti

Independent Analyst

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