USD/CHF challenges 0.9900/10 resistance area

USD/CHF bounced from session lows and climbed to fresh daily highs during the American session, as the dollar strengthened versus most peers, main exception made by the yen.

After bottoming out at 0.9858, USD/CHF bounced  and climbed around half a cent toward a peak of 0.9903 in recent dealings. At time of writing, the pair is trading at 0.9899, up 0.41% on the day.

USD/CHF technical levels

In terms of technical levels, next resistances are seen at 0.9908 (Oct 12 high), 0.9949 (Jul 27 high) and then 0.9955 (May 30 high). On the other hand, supports could be faced at 0.9854 (Oct 15 low), 0.9819 (Oct 11 low) and 0.9790 (200-day SMA).