USD/CHF is trading down for the fourth consecutive day. The level to beat for bears is the 0.9600 support. USD/CHF daily chart USD/CHF is easing from the monthly highs as the spot drops below the main SMAs on the daily chart. The US dollar is down against most currencies this Thursday. USD/CHF daily chart - Click to enlarge USD/CHF four-hour chart The spot is pulling back down while nearing the 0.9600 figure below the 200 SMA on the four-hour chart. Bears could continue to extend the decline towards the 0.9550 and 0.9540 levels while the 0.9700 and 0.9800 figures could become resistance on bullish attempts. USD/CHF four-hour chart - Click to enlarge You Might Also Like USD/CHF Price Analysis:
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USD/CHF daily chartUSD/CHF is easing from the monthly highs as the spot drops below the main SMAs on the daily chart. The US dollar is down against most currencies this Thursday. |
USD/CHF daily chart |
USD/CHF four-hour chartThe spot is pulling back down while nearing the 0.9600 figure below the 200 SMA on the four-hour chart. Bears could continue to extend the decline towards the 0.9550 and 0.9540 levels while the 0.9700 and 0.9800 figures could become resistance on bullish attempts. |
USD/CHF four-hour chart |
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