USD/CHF technical analysis: US Dollar gains upside traction against the Swiss franc

USD/CHF is trading near 6-day high.
The level to beat for bulls is 0.9960 resistance.

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is consolidating below the parity level and the 200-daily simple moving average (DSMA).

USD/CHF 4-hour chart

USD/CHF is trading near 6-day high above its 50 SMA.

USD/CHF 30-minute chart

The market is trading above its main SMAs suggesting potential bullish momentum in the near term. A break above 0.9960 resistance can drive the market up to the parity level. Support is seen at 0.9940 and 0.9900.

Additional key levels

USD/CHF

Overview
Today last price	0.9951
Today Daily Change	0.0027
Today Daily Change %	0.27
Today daily open	0.9924

Trends
Daily SMA20	1.0016
Daily SMA50	1.0075
Daily SMA100	1.0037
Daily SMA200	0.9965

Levels
Previous Daily High	0.9937
Previous Daily Low	0.9891
Previous Weekly High	1.0017
Previous Weekly Low	0.9854
Previous Monthly High	1.0227
Previous Monthly Low	1
Daily Fibonacci 38.2%	0.9919
Daily Fibonacci 61.8%	0.9909
Daily Pivot Point S1	0.9898
Daily Pivot Point S2	0.9871
Daily Pivot Point S3	0.9852
Daily Pivot Point R1	0.9944
Daily Pivot Point R2	0.9963
Daily Pivot Point R3	0.999

Author

Flavio Tosti

Independent Analyst

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