Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
USD/CHF Technical Analysis: 3-Month Resistance Broken

USD/CHF Technical Analysis: 3-Month Resistance Broken

Ilya Spivak, Head Strategist, APAC

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points:

  • USD/CHF Technical Strategy: Flat
  • Support:0.9330, 0.9261, 0.9219
  • Resistance: 0.9385, 0.9441, 0.9510

The US Dollar looks poised to rise against the Swiss Franc after prices cleared resistance at a trend line capping gains since mid-March. A daily close above the 50% Fibonacci expansion at 0.9385 exposes the 61.8% level at 0.9441. Alternatively, a reversal below 0.9330 (trend line, 38.2% Fib) opens the door for a challenge of the 23.6% expansion at 0.9261.

Prices are wedged too closely between near-term support and resistance levels to justify taking a trade on a long or short side from a risk/reward perspective. With that in mind, we will continue to stand aside until a more attractive opportunity presents itself.

Add these technical levels directly to your charts with our Support/Resistance Wizard app!

--- Written by Ilya Spivak, Currency Strategist for

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.