USD/CHF Price Analysis: Teeters on the edge at around the 200-DMA

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USD/CHF Price Analysis: Teeters on the edge at around the 200-DMA
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The USD/CHF slides towards 0.9001 weekly lows but bounces off, trying to trim some of its earlier losses. Buyers are trying to reclaim the 200-day mov

USD/CHF bounces near 0.9001, with the 200-DMA at 0.9022 emerging as a pivotal battleground. A sustained move below the 200-DMA could unlock the path towards the psychological 0.9000. Recovery above 0.9022 necessitates reclaiming 0.9100 to rekindle upside aspirations towards 0.9147. ing average at 0.9022, which so far has been accomplished it, as the pair exchanges hands at 0.9030, down 0.14%. the ongoing pullback, after reaching a seven-month high of 0.

9022, the 200-DMA could pave the way for a recovery, but they must reclaim 0.9100. Once cleared, the next resistance would be the May 31 daily high at 0.9147, followed by 0.9200. USD/CHF Price Action – Daily chart USD/CHF Techniacl Levels USD/CHF Overview Today last price 0.9031 Today Daily Change -0.0014 Today Daily Change % -0.15 Today daily open 0.9045 Trends Daily SMA20 0.908 Daily SMA50 0.8922 Daily SMA100 0.8907 Daily SMA200 0.9026 Levels Previous Daily High 0.9083 Previous Daily Low 0.

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