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USD/CHF Technical Analysis: Greenback retreats to daily lows against CHF

USD/CHF daily chart

  • USD/CHF is trading at its highest level since January 2017.
  • USD/CHF has been stuck near 1.0200 for the last 3 days.


USD/CHF 4-hour chart

  • USD/CHF is currently finding tough resistance near 1.0230 level.

USD/CHF 30-minute chart

 

  • The short-term momentum remains tilted to the upside as USD/CHF is trading above its 200 SMA.
  • Bulls need to overcome 1.0230, 1.0250 and 1.0280 resistances.
  • To the downside, support is seen at 1.0190, 1.0170 and 1.0130 levels.

Additional key levels

 

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