USD/CHF Technical Analysis: Make-or-break for the Swissy

Flavio Tosti Independent Analyst

USD/CHF daily chart

USD/CHF is trading in a bullish leg above the main simple moving averages (SMAs).

USD/CHF 4-hour chart

USD/CHF is trading above the main SMAs as the market is trading just below the parity level.

USD/CHF 30-minute chart

This is a make-or-break situation for both bulls and bears as bulls would need a break above the parity level to extend the bull trend.
A break above 1.0000 would lead to an acceleration to the 1.0030 level.
On the flip side, failure to break above 1.0000 would trigger bears to target the 0.9950, 0.9920 and 0.9880 levels.

Additional key levels

NZD/USD

Overview:
    Today Last Price: 0.6722
    Today Daily change: - 7 pips
    Today Daily change %: -0.10%
    Today Daily Open: 0.6729
Trends:
    Daily SMA20: 0.6747
    Daily SMA50: 0.6797
    Daily SMA100: 0.6689
    Daily SMA200: 0.678
Levels:
    Previous Daily High: 0.6756
    Previous Daily Low: 0.6713
    Previous Weekly High: 0.685
    Previous Weekly Low: 0.6727
    Previous Monthly High: 0.697
    Previous Monthly Low: 0.6686
    Daily Fibonacci 38.2%: 0.6729
    Daily Fibonacci 61.8%: 0.674
    Daily Pivot Point S1: 0.6709
    Daily Pivot Point S2: 0.669
    Daily Pivot Point S3: 0.6666
    Daily Pivot Point R1: 0.6752
    Daily Pivot Point R2: 0.6775
    Daily Pivot Point R3: 0.6795

Author

Flavio Tosti

Independent Analyst

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