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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

 

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