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USD/CHF Technical Analysis: Greenback climbs to 18-month high against the Swiss franc

  • USD/CHF is trading in a bull trend above the 200-period simple moving average (SMA) on the 4-hour chart.
  • USD/CHF is breaking to 18-month high breaking the 1.0100 level and opening the door to 1.0160 (March 2017 high). 
  • The RSI and MACD indicators show no slowing down of the trend while the Stochastic is already in the overbought level. 

USD/CHF 4-hour chart

Main trend:                    Bullish

Resistance 1:                1.0160 March 2017 high
Resistance 2:                1.2000 figure
Resistance 3:                1.2500 figure

Support 1:                     1.0100 current 2018 high 
Support 2:                     1.0068 July 13 high
Support 3:                     1.0000 parity level
Support 4:                     0.9986 August high
Support 5:                     0.9950 figure


Additional key levels at a glance:

USD/CHF

Overview:
    Last Price: 1.0109
    Daily change: 55 pips
    Daily change: 0.547%
    Daily Open: 1.0054
Trends:
    Daily SMA20: 0.9996
    Daily SMA50: 0.9852
    Daily SMA100: 0.9883
    Daily SMA200: 0.9777
Levels:
    Daily High: 1.0088
    Daily Low: 1.0044
    Weekly High: 1.0088
    Weekly Low: 0.9952
    Monthly High: 1.0096
    Monthly Low: 0.9801
    Daily Fibonacci 38.2%: 1.0061
    Daily Fibonacci 61.8%: 1.0071
    Daily Pivot Point S1: 1.0036
    Daily Pivot Point S2: 1.0019
    Daily Pivot Point S3: 0.9993
    Daily Pivot Point R1: 1.0079
    Daily Pivot Point R2: 1.0105
    Daily Pivot Point R3: 1.0122

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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