USD/CHF extended gains into a fifth day in a row on Thursday and printed a 10-day high at the beginning of the New York session before finding resistance at the 50-day SMA. USD/CHF broke above the 0.9950 resistance area and peaked at 0.9967 in recent dealings. However, the pair found sellers around the 50-day SMA and lost momentum. At time of writing, USD/CHF is trading at 0.9960, recording a 0.38% gain on the day. USD/CHF levels to watch As for technical levels, next resistances are seen at 0.9967 (50-day SMA) and 0.9987 (20-day SMA) ahead of 1.0000 (psychological level). On the flip side, immediate support levels could be located 0.9904/00 (Feb 18 low/psychological level), 0.9852 (Feb 17 low) and 0.9836 (10-day SMA). For more information, read our latest forex news.