- USD/CHF is picking up some steam as the greenback is gaining momentum.
- Immediate support is at 0.9870 and 0.9855.
USD/CHF daily chart
USD/CHF is in a bull leg below the main daily simple moving average (DSMA). The market is currently erasing its intraday losses.
USD/CHF 4-hour chart
USD/CHF is challenging the 0.9900 handle and the 200 SMA. If broken the next resistance is seen at 0.9935 according to the Technical Confluences Indicator.
USD/CHF 30-minute chart
USD/CHF is trading between the 50 and 100 SMAs suggesting a consolidation in the near term. Support is seen at 0.9870 and 0.9855, according to the Technical Confluences Indicator.