USD/CHF Technical Analysis: 0.9900 key support to break for bearish continuation

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is trading in a sideways trend just above the 0.9900 level.

USD/CHF 4-hour chart

USD/CHF is trading below its main SMAs suggesting a bearish bias in the medium-term.

USD/CHF 30-minute chart

USD/CHF is trading below its 200 SMA suggesting a bearish momentum in the short-term.
A break below 0.9900 support can bring the market to 0.9960 support.
To the upside, resistances are at 0.9960, 0.9990 and 1.0020 level.

Additional key levels

USD/CHF

Overview
Today last price	0.9913
Today Daily Change	-0.0021
Today Daily Change %	-0.21
Today daily open	0.9934

Trends
Daily SMA20	1.0017
Daily SMA50	0.9994
Daily SMA100	0.9966
Daily SMA200	0.9922

Levels
Previous Daily High	0.9971
Previous Daily Low	0.9914
Previous Weekly High	1.0026
Previous Weekly Low	0.9894
Previous Monthly High	1.01
Previous Monthly Low	0.9921
Daily Fibonacci 38.2%	0.9949
Daily Fibonacci 61.8%	0.9936
Daily Pivot Point S1	0.9908
Daily Pivot Point S2	0.9882
Daily Pivot Point S3	0.9851
Daily Pivot Point R1	0.9965
Daily Pivot Point R2	0.9997
Daily Pivot Point R3	1.0023

Author

Flavio Tosti

Independent Analyst

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