USD/CHF Technical Analysis: Greenback breaks below the 0.9950 support

USD/CHF daily chart

  • USD/CHF is trading in a sideways trend above the 50, 100 and 200-day simple moving averages (SMAs).


USD/CHF 4-hour chart

  • Bears broke the 50 SMA to the downside.

 

USD/CHF 30-minute chart

  • USD/CHF broke below the 0.9950 level and found support at the 0.9920 level. 
  • A break below the 0.9920 would open the doors to the 0.9880 target.

Additional key levels

USD/CHF

Overview:
    Today Last Price: 0.9932
    Today Daily change: -32 pips
    Today Daily change %: -0.32%
    Today Daily Open: 0.9964
Trends:
    Daily SMA20: 0.9875
    Daily SMA50: 0.9915
    Daily SMA100: 0.9899
    Daily SMA200: 0.9903
Levels:
    Previous Daily High: 0.9978
    Previous Daily Low: 0.9934
    Previous Weekly High: 0.996
    Previous Weekly Low: 0.9799
    Previous Monthly High: 1.0009
    Previous Monthly Low: 0.979
    Daily Fibonacci 38.2%: 0.9961
    Daily Fibonacci 61.8%: 0.9951
    Daily Pivot Point S1: 0.9939
    Daily Pivot Point S2: 0.9915
    Daily Pivot Point S3: 0.9896
    Daily Pivot Point R1: 0.9983
    Daily Pivot Point R2: 1.0002
    Daily Pivot Point R3: 1.0026

 

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