USD/CHF Technical Analysis: 0.9950 bear target hit as the Greenback is en route towards 0.9880 against CHF
USD/CHF daily chart
- USD/CHF is in a bull leg above the main simple moving averages (SMAs).
- As discussed, failure to recapture the parity level lead to a decline to the 0.9950 level.
USD/CHF 4-hour chart
- USD/CHF is trading above the main SMAs as the market is rejecting the parity level.
USD/CHF 30-minute chart
- As bears broke below the 0.9950 level and the 200 SMA the next targets become 0.9920 and 0.9880 to the downside.
- The 0.9950 level become resistance.
Additional key levels
USD/CHF
Overview:
Today Last Price: 0.9944
Today Daily change: -32 pips
Today Daily change %: -0.32%
Today Daily Open: 0.9976
Trends:
Daily SMA20: 0.9871
Daily SMA50: 0.992
Daily SMA100: 0.9893
Daily SMA200: 0.99
Levels:
Previous Daily High: 0.9987
Previous Daily Low: 0.9961
Previous Weekly High: 0.996
Previous Weekly Low: 0.9799
Previous Monthly High: 1.0009
Previous Monthly Low: 0.979
Daily Fibonacci 38.2%: 0.9977
Daily Fibonacci 61.8%: 0.9971
Daily Pivot Point S1: 0.9962
Daily Pivot Point S2: 0.9949
Daily Pivot Point S3: 0.9936
Daily Pivot Point R1: 0.9988
Daily Pivot Point R2: 1.0001
Daily Pivot Point R3: 1.0014