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

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