USD/CHF Technical Analysis: Greenback bulls looking to extend the trend towards 1.0300 figure

USD/CHF monthly chart

  • USD/CHF is trading at its highest level since January 2017.
  • USD/CHF is trading above its main monthly simple moving avearges (SMAs).

USD/CHF daily chart

  • The trend is bullish as the market trades above its main SMAs.
  • If bulls overcome 1.0250 resistance then 1.0300 figure and 1.0344, multi-month resistance can come into play.
  • Support is currently seen at 1.0184 and 1.0150 level.

Additional key levels

 

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