USD/CHF technical analysis: There is room for more upside beyond 1.0120 resistance

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is consolidating the losses seen at the start of May.

USD/CHF 4-hour chart

USD/CHF is consolidating below its 100 and 200 simple moving averages (SMAs) suggesting a neutral bias in the medium term.

USD/CHF 30-minute chart

The market will need to overcome the 1.0120 resistance to trades towards 1.0150 and 1.0170 levels. Support is at the 1.0080 and 1.0050 level.

Additional key levels

USD/CHF

Overview
Today last price	1.0106
Today Daily Change	0.0021
Today Daily Change %	0.21
Today daily open	1.0085

Trends
Daily SMA20	1.0155
Daily SMA50	1.007
Daily SMA100	1.0017
Daily SMA200	0.9952

Levels
Previous Daily High	1.0122
Previous Daily Low	1.008
Previous Weekly High	1.0123
Previous Weekly Low	1.005
Previous Monthly High	1.0238
Previous Monthly Low	0.9932
Daily Fibonacci 38.2%	1.0096
Daily Fibonacci 61.8%	1.0106
Daily Pivot Point S1	1.007
Daily Pivot Point S2	1.0054
Daily Pivot Point S3	1.0028
Daily Pivot Point R1	1.0112
Daily Pivot Point R2	1.0138
Daily Pivot Point R3	1.0154

Author

Flavio Tosti

Independent Analyst

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