USD/CHF technical analysis: Greenback sidelined near 0.9900 against the Swiss franc

• USD/CHF remain under bearish pressure near 0.9900.
• 0.9860 and 0.9800 are immediate support to the downside.

USD/CHF daily chart

USD/CHF remains under pressure below parity and its 200-daily simple moving averages (DSMAs).

USD/CHF 4-hour chart

USD/CHF is weak below its main SMAs suggesting a negative bias.

USD/CHF 30-minute chart

USD/CHF is trading below its 100 and 200 SMAs as bears are challenging 0.9900. A break below the support can lead to 0.9860 and 0.9800. Resistance is seen at 0.9920, 0.9960 and 1.0000.

Additional key levels