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USD/CHF Technical Analysis: Swissy in the middle-of-nowhere

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend just below the parity level.
  • USD/CHF needs a bullish break above 1.0005 resistance to regain some directionality.

USD/CHF 4-hour chart

  • USD/CHF is trading in a bull channel below a rather flat 200 SMA. 


USD/CHF 30-minute chart

  • USD/CHF is trading above the 200 SMA suggesting a bullish bias in the short-term.
  • The key level to beat for bulls is the 1.0005 resistance. After which comes the 1.0020 and 1.0035 level. 
  • On the way down, immediate support is at 0.9975, 0.9950 and 0.9935 level.

Additional key levels

 

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