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5 Apr 2019
USD/CHF Technical Analysis: Greenback bulls attempting to move beyond 1.0005 key resistance
USD/CHF daily chart
- USD/CHF is trading in a bull trend just above the parity level.
USD/CHF 4-hour chart
- USD/CHF is trading above the 200 SMA suggesting potential bullish momentum in the medium-term.
USD/CHF 30-minute chart
- USD/CHF is trading above its main SMAs suggesting a bullish bias in the short-term.
- Bulls need to breakout above the 1.0005 key resistance. The next resistances are seen at 1.0020 and 1.0035 level.
- Looking down, immediate support is at 0.9990, 0.9975 and 0.9950 level.
Additional key levels