USD/CHF Technical Analysis: Greenback capped by 0.9975 key resistance

USD/CHF daily chart

• USD/CHF is trading in a sideways trend below the parity level.

USD/CHF 4-hour chart

• USD/CHF is trading below the 200 SMA suggesting a bearish bias in the medium-term.

USD/CHF 30-minute chart

• USD/CHF is trading in a small range while the risk is tilted to the downside.
• A break below 0.9950 support should drive the market to 0.9935 and 0.9920 level to the downside.
• Looking up, key resistance is at 0.9975, followed by 0.9990 and 1.0005 level.

Additional key levels