USD/CHF technical analysis: Greenback trying to find some footing near 0.9845 support level

• USD/CHF is finding some support near 0.9845 in the New York session.
• The levels to beat for bulls are seen at 0.9861, 0.9871 and 0.9891, according to the Technical Confluences Indicator.  

USD/CHF daily chart

USD/CHF is ranging below the main daily simple moving average (DSMA). The market is off the monthly lows but is currently lacking enough meaningful bullish momentum. 

USD/CHF 4-hour chart

 
USD/CHF is challenging the 0.9845 support and the 50 SMA. If broken the next support levels are seen at 0.9820 and 0.9783 according to the Technical Confluences Indicator.

USD/CHF 30-minute chart

USD/CHF is trading above 0.9845 support and the 100/200 SMAs suggesting bullish momentum in the near term. Bulls could target 0.9861, 0.9871 and 0.9891 on the way up, according to the Technical Confluences Indicator. 

Additional key levels