USD/CHF Technical Analysis: Greenback sidelined near 0.9950 level

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 with a bearish bias.
• A break below 0.9950 support can bring the market to 0.9935 and 0.9920 level to the downside.
• To the upside, resistances are at 0.9975, 0.9990 and 1.0005 level.

Additional key levels