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USD/CHF Technical Analysis: Swissy finding some support at the weekly low

  • USD/CHF dropped about 40 pips and broke below the 0.9900 level in the US session. 
  • USD/CHF bulls are currently supporting the market as the Swissy fell to the low of the week near the 0.9900 figure.

USD/CHF 15-minute chart 

Spot rate:                  0.9902
Relative change:       0.34%     
High:                         0.9945
Low:                          0.9884

Trend:                       Neutral 

Resistance 1:           0.9950-0.9961 figure and June 21 open
Resistance 2:           0.9989-1.0000 area June 15 high and parity
Resistance 3:           1.0026 May 11 open
Resistance 4:           1.0056 current 2018 high

Support 1:                0.9900 figure
Support 2:                0.9856 June 25 low
Support 3:                0.9788 June 7 swing low

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