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10 Apr 2019
USD/CHF Technical Analysis: Greenback bulls challenging 1.0020 key resistance
USD/CHF daily chart
- USD/CHF is trying to break above the 50 SMA.
USD/CHF 4-hour chart
- The market is now trading above the parity level.
USD/CHF 30-minute chart
- The market is trading above its mainSMA suggesting bullish momentum in the short-term.
- The bulls will need to break 1.0020 key resistance to travel towards 1.0035 level.
- Failure to break above 1.0020 should lead to a move down towards 1.0005, 0.9975 and 0.9950.
Additional key levels